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28 Rutherglen Road Newborough VIC 3825

  • Shop & Retail
  • 150 m²
  • For Sale, $480,000 (GST na)

An Investment For Anyone And Everyone!

    This securely leased commercial premises is the perfect fit for the first time or experienced investor looking to add to a current portfolio.

    Long term tenant and renowned local pharmacy business positioned in the Newborough shopping precinct within an established residential neighbourhood.
    * Original twelve-year lease with four years to run
    * Three x 6-year options of renewal taking total term to 2043
    * Current rent $25,906.00 per annum excluding GST with fixed 3.25% annual increases
    * Tenant paying all outgoings including building insurance
    * New reverse cycle ducted air conditioning unit recently installed
    * Land size of 238 sqm approx with rear lane access

    This affordable investment opportunity will suit a broad range of investors ready to reap an instant return from day one.

    Robert Sim
    John Kerr & Associates Real Estate
    Robert Sim
    John Kerr & Associates Real Estate

    Property Highlights

    Property ID2017324695
    Floor Area150 m²
    Land Area238 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  14 Oct 2021
    Map for 28 Rutherglen Road Newborough VIC 3825
    Map for 28 Rutherglen Road Newborough VIC 382528 Rutherglen Road Newborough VIC 3825
    Robert Sim
    John Kerr & Associates Real Estate
    Robert Sim
    John Kerr & Associates Real Estate

    Property Highlights

    Property ID2017324695
    Floor Area150 m²
    Land Area238 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  14 Oct 2021
    John Kerr & Associates Real Estate
    Cnr Moore & George St Moe VIC 3825
    Robert Sim
    John Kerr & Associates Real Estate
    Robert Sim
    John Kerr & Associates Real Estate
    Robert Sim

    Robert Sim

    John Kerr & Associates Real Estate

    0409 *** ***
    0409 194 084

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