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503-509 Napier Street White Hills VIC 3550

  • Other
  • Floor Size883 m²
  • PriceFor Sale, Contact Agent

8 Secure Investments 7% + Yield !

CVA are pleased to offer this rare and outstanding investment for Private Sale. 

Situated on a large land holding of 4,069m2* and combined with an impressive 80 metre* frontage to Napier Street, this substanital site is zoned Commercial 1, giving this investment huge potential upside. 

This great investment is currently returning $161,970.80 pa net securely across 8 tenancies offering a very attractive return.

White Hills is located 4 kilometres* north west from Bendigo CBD; home to many profile companies including Bendigo Bank's headquarters, Bendigo Tafe and universities including, Monash University School of Rural Health and La Trobe University. 

Key investment details: 

Lot 1 - 503 Napier St
White Hills Post Office: 5 year lease commencing 23/05/2015

White Hills Launderette: 3 year lease commencing 23/05/2018

Combined net return: $46,878.12

Lot 3 - 507 Napier St
Bendigo Gourmet Fish Shop: 5 year lease commencing 01/05/2015

AC Hair Talk: 3 year lease commencing 15/01/2017

Richardson's Bakery: 5 year lease commencing 01/06/2017

Combined net return: $45,962.76 per annum 

Lot 4 - 509 Napier St
White Hills Butchery: 5 year lease commencing 01/01/2015

Red Lantern BGO: 2 year lease commencing 06/03/2018

Combined net return: $39,129.92 per annum

Please contact CVA for further details. 

*approx

Property Highlights

Property ID2013666462
Floor Area883 m²
Land Area4,069 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  1 Jul 2019
Map for 503-509 Napier Street White Hills VIC 3550
CVA Property Consultants Pty Ltd
18-20 Russell Street Melbourne VIC 3000

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