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Retail/Office Complex, 52A Bair Street, LEONGATHA, VIC, 3953

+10 Photos

+12 Photos

SOLD

Retail/Office Complex, 52A Bair Street, LEONGATHA, VIC, 3953

Properties / Sold / Victoria / Leongatha

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

506 m² (*approx)

Floor Area

365 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Office Suites, Mixed Use, Consulting Rooms

Show All

2. Property Highlights

100% Occupied Freehold Retail/Office Complex - High Yielding Investment

All tenants on brand new leases
Strong occupancy history
Annual rent reviews

****50% Stamp Duty Saving****

+ Long term tenants with brand new leases from fields including real estate , soil & livestock, nutrition services, IT, dairy and bulk liquid transport.

+ Fully occupied 365sqm level freehold building including Vendor Guarantee.

+ Annual rent reviews.

+ Large 506sqm Commercial 1 Zone (C1Z) site with 20 metre street, on-site car parking and ROW access.

+ Important direct access to 100 council car parks situated at rear of site.

+ Situated in heart of Leongatha CBD amongst ALDI, IGA, K-Hub, BP, Salvos, Repco and all major banks.

+ Leongatha: capital of South Gippsland located 75km south-east of Melbourne - rich dairy and beef region with circa 15,000 trade catchment.

+ Estimated Net Rent: $62,255pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021

Crown Casino, Melbourne

Contact Agent

Raoul Holderhead 0413 860 304

Beau Coulter 0413 839 898

Andrew Newton 0402 940 320

Remember to mention you found this property on CommercialReady.com.au