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256 High Street
Melton VIC 3337
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Sold on 20 Apr 2023

256 High Street Melton VIC 3337

  • Factory, Warehouse & Industrial
  • 127 m²
  • Sold

Expressions of Interest

Welcome to an exciting investment opportunity in the heart of a bustling High Street. This commercial property features approximately 127m2 of land, including a well-presented shop spanning 69m2. Currently secured by a lease agreement until February 2024, with the option for 2 further 5-year terms, this property presents a solid investment opportunity.

Generating a rental income of $24,433.44 per annum, this property is a smart investment that is sure to deliver. With a long-term tenant in place, this investment offers stability and security for the savvy investor including cpi increases annually and market reviews at each term. The property is well presented, providing a turn-key investment opportunity for those looking to add to their portfolio.

Located in the heart of a bustling High Street, this property enjoys high levels of foot traffic and visibility, making it an ideal choice for a range of businesses. With the opportunity to secure a long-term tenant and the potential for future capital growth, this investment is an excellent opportunity for the astute investor.

Don't miss out on the chance to own a prime piece of real estate in a highly sought-after location. Contact us today to arrange a viewing and discover the full potential of this outstanding investment opportunity.

Seeking Expressions of Interest by the 28TH April 2023 unless sold prior to.
Call Garry Gale 0419523559

OBrien Real Estate Melton
OBrien Real Estate Melton
284 – 286 High Street
Melton, VIC 3337

Property Highlights

Date Sold20 Apr 2023
Floor AreaAsk Agent
Land Area127 m²
ParkingOn site parking available
Property ID2018446109
Category
Last updated  30 May 2023
Map for 256 High Street Melton VIC 3337

Nearest transport* to 256 High Street Melton VIC 3337

Bus
Train
Melton Bus Interchange/Palmerston St (Melton)159 m
Melton Bus Interchange/Palmerston St (Melton)169 m
Melton Bus Interchange/Palmerston St (Melton)172 m
Melton Civic Centre/High St (Melton)182 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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nbn® Fibre to the Premises (FTTP) is available in this property
Max wholesale speed tier available: nbn® Fibre to the Premises
OBrien Real Estate Melton
OBrien Real Estate Melton
284 – 286 High Street
Melton, VIC 3337

Property Highlights

Date Sold20 Apr 2023
Floor AreaAsk Agent
Land Area127 m²
ParkingOn site parking available
Property ID2018446109
Category
Last updated  30 May 2023

Listed by

Garry Gale
Garry Gale
OBrien Real Estate Melton
Call
0419 523 559

More about 256 High Street Melton VIC 3337

256 High Street Melton VIC 3337 is categorized as Factory, Warehouse & Industrial Property. It has a land area of 127 m². The listing ID for this property is 2018446109.

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