Situated in the bustling tourism town of Yarragon, approx. 120km east of Melbourne, this attractive commercial property presents an excellent opportunity for a discerning buyer.
Located in a prime corner position on Princes Highway and Rollo Street in a Commercial 1 zone, the 580m2 allotment comprises a former residence that is currently leased to the Gippsland Grazer. The building comprises several principal rooms plus kitchen and renovated bathroom. Externally, there is an undercover patio area plus off-street parking for 2 vehicles via side access off Rollo Street.
Key lease details are as follows:
- 2 years from 0/01/2023
- $23,500p.a + GST
- CPI increases during the term and market review at option
- 1 x further term of 2 years
- Tenant pays outgoings
Benefit from the on-going rental return and future potential of the site on the Highway connecting Melbourne to East Gippsland.
For further information or to arrange an inspection, contact Hockingstuart Warragul.
