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860 Hopkins Highway Grassmere VIC 3281

  • Shop & Retail
  • 2,410 m²
  • For Sale, Expressions Of Interest Closing 19 Aug 2021 5pm

Rare Freehold Investment/Development Opportunity

    This Freehold property is in a strategic location 10km from Warrnambool CBD

    Land use: General Purpose Warehouse, Zoning: Farming Zone
    3900sqm (approx.) corner site with unbeatable exposure and dual access from Hopkins Highway and Grassmere Road frontages
    Substantial 2410sqm building including retail floor, 444sqm mezzanine level offices & storage, staff amenities, display yard
    Leased to long term, renowned tenant George Taylor Stores
    Current lease expires June 2022 with one further option of 3 years
    Net income $68,000 pa plus GST
    Annual CPI increases
    Opportunity to invest and/or eventually develop or occupy.

    Warrnambool's population is expected to grow significantly with an estimated population of approx. 46,210 by 2036 which will ensure the continued viability of this city well into the future. This is a rare chance to purchase a strong, one of a kind land holding to the north of the Warrnnambool growth corridor and also offers potential for further major re-development (STSA)

    For Sale by Expressions of Interest closing 19/08/2021 5pm
    Inspection by appointment only, please contact selling agent
    Christine Steere 0409906223
    First National Real Estate Warrnambool

    Christine Steere
    First National Real Estate Warrnambool
    Christine Steere
    First National Real Estate Warrnambool

    Property Highlights

    Property ID2017126638
    Floor Area2,410 m²
    Land Area3,900 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  11 Jul 2021
    Map for 860 Hopkins Highway Grassmere VIC 3281
    Map for 860 Hopkins Highway Grassmere VIC 3281860 Hopkins Highway Grassmere VIC 3281
    Christine Steere
    First National Real Estate Warrnambool
    Christine Steere
    First National Real Estate Warrnambool

    Property Highlights

    Property ID2017126638
    Floor Area2,410 m²
    Land Area3,900 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  11 Jul 2021
    First National Real Estate Warrnambool
    2a/142-146 Timor Street Warrnambool VIC 3280
    Christine Steere
    First National Real Estate Warrnambool
    Christine Steere
    First National Real Estate Warrnambool
    Christine Steere

    Christine Steere

    First National Real Estate Warrnambool

    0409 *** ***
    0409906223

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