Shop 4/56-58 Kialla Lakes Drive Kialla VIC 3631

Shop & Retail
129 m²
Sold, $277,000

Affordable Investment Opportunity With A 6% Net Return

Located in the heart of Kialla Lakes is this 129 sqm (approx.) modern premise and is an ideal opportunity to start off or add to your existing portfolio. Currently leased until January 2025 plus two further options of 5 years, the property offers excellent street appeal with dual entrances, excellent exposure looking over the park land, and plenty of free parking. The premise is located in a great family estate amongst four other long term businesses, and the complex is situated adjacent to Tristar Medical Centre and Shepparton Retirement Village.
Rent: $17,520 per annum.
Increases: CPI increases annually and market review at the end of each term.
Outgoings: Tenant pays all outgoings.
Lease: 5 year 1st term until January 2025, plus two further options of 5 years.
Net Return: 6%

Stockdale & Leggo Shepparton

91 Wyndham Street

Shepparton, VIC 3630

Property Highlights

Date Sold	3 Nov 2020
Sold Price	$277,000
Floor Area	129 m²
Land Area	129 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2016531215
Category	Shop & Retail Medical / Consulting Offices
Last updated	17 Dec 2020

Map for Shop 4/56-58 Kialla Lakes Drive Kialla VIC 3631

Nearest transport* to Shop 4/56-58 Kialla Lakes Drive Kialla VIC 3631

Bus

Train

Tram

Ferry

Kialla Gardens/Waranga Dr (Kialla)	66 m
Gordon Dr/Kialla Lakes Dr (Kialla)	234 m
277 Waranga Dr (Shepparton)	375 m
9 Gordon Dr (Kialla)	408 m

*Within a 4km radius

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Stockdale & Leggo Shepparton

91 Wyndham Street

Shepparton, VIC 3630

Property Highlights

Date Sold	3 Nov 2020
Sold Price	$277,000
Floor Area	129 m²
Land Area	129 m²
Energy	0-star NABERS Energy rating
Parking	Ask Agent
Property ID	2016531215
Category	Shop & Retail Medical / Consulting Offices
Last updated	17 Dec 2020

Listed by

Vincent Tassoni

Stockdale & Leggo Shepparton

Call

0417 374 105

More about Shop 4/56-58 Kialla Lakes Drive Kialla VIC 3631

Shop 4/56-58 Kialla Lakes Drive Kialla VIC 3631 is categorized as Shop & Retail Property. It has a floor area of 129 m² and a land area of 129 m². The listing ID for this property is 2016531215.