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5-7 George Street
Portland VIC 3305
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Sold on 4 Nov 2021

5-7 George Street Portland VIC 3305

  • Other
  • 500 m²
  • Sold, $910,000

Outstanding Investment Opportunity

    Assets Real Estate Portland & Heywood are proud to present to the market this investment opportunity, with excellent returns and a still solid lease in place to ensure this long standing tenant gives you the security you're after.

    Blue chip tenant $63,000 per annum
    New 3 year lease with a further 2, 3 year options until 2030
    Tenant pays outgoings

    This property provides the purchaser with the following benefits;
    Large 2788m2 allotment
    Approximately 500m2 of office and warehouse space
    Sealed yard area
    Current tenure is Coates Hire
    Leased until 2024 with a further 2, 3 year options
    CPI Increases
    Excellent location

    Contact one of our experienced agents today to arrange an inspection.

    Property Highlights

    Date Sold4 Nov 2021
    Sold Price$910,000
    Floor Area500 m²
    Land Area2,788 m²
    ParkingAsk Agent
    Property ID2017158656
    Category
    Last updated  5 Nov 2021
    Map for 5-7 George Street Portland VIC 3305

    Property Highlights

    Date Sold4 Nov 2021
    Sold Price$910,000
    Floor Area500 m²
    Land Area2,788 m²
    ParkingAsk Agent
    Property ID2017158656
    Category
    Last updated  5 Nov 2021

    Co-Agents

    Assets Real Estate
    Assets Real Estate Portland & Heywood
    Call
    03 5522 3333
    Stuart Wakely
    Assets Real Estate Portland & Heywood
    Call
    0419886071

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