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204-206 Commercial Road
Yarram VIC 3971
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204-206 Commercial Road Yarram VIC 3971

  • Shop & Retail
  • 500 m²
  • For Sale, $1,200,000 (Plus GST)

THE FUTURE OF YARRAM? WHAT AN OPPORTUNITY TO PURCHASE/INVEST ONE OF THE TOWN'S ICONIC BUILDINGS

    Wynne's Building were built in 1929 and the quality and structure remains as solid as the day they were built. They are an icon of the town immediately next to the Regent Theatre.

    Multiple tenants with the scope to include more. The current Return on Investment (ROI) is amazing. Currently a secure 6.7% with 2-3 further lettable spaces being both commercial and residential.

    1. Solid rental to long term Accountancy Firm
    2. Cafe business
    3. Three bedroom residence of beautiful proportions and style.
    4. Commercial/Industrial space with own street frontage

    Those seeking a sound risk averse investment need to investigate this offer. With the township experiencing business growth through National and State Government initiatives this versatile property will appeal to both those seeking commercial and accommodation facilities and savvy investors.

    Our vendor has met the market with this unbelievable opportunity. Only 2 owners since 1929 illustrates how tightly held this asset is.

    This historic building occupies over 1000 square meters in the heart of the town. This multifaceted premier building provides scope and a ready made income to all types of future uses for the remaining spaces. Get in now!.

    Contact Professionals Yarram on 03-51146552 or o436036646. (We are open 7 days per week)

    For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

    Property Highlights

    Floor Area500 m²
    Land Area1,000 m²
    Parking11 x Onsite parkings
    Annual Return7%
    AvailabilityVacant
    Property ID2018887443
    Category
    Last updated  14 Dec 2023
    Map for 204-206 Commercial Road Yarram VIC 3971

    Property Highlights

    Floor Area500 m²
    Land Area1,000 m²
    Parking11 x Onsite parkings
    Annual Return7%
    AvailabilityVacant
    Property ID2018887443
    Category
    Last updated  14 Dec 2023

    Listed by

    Ian Seed
    Professionals Yarram
    Call
    0436 036 646

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