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78 High Street, Yea, VIC 3717

$620,000

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PRIME LOCATION COMMERCIAL PROPERTY. SECURE TENANT. OPPORTUNITY FOR DEVELOPMENT

Phone enquiries - please quote property ID 19188 PRIME LOCATION COMMERCIAL PROPERTY WITH SECURE TENANT AND OPPORTUNITY FOR DEVELOPMENT This is an excellent opportunity to purchase a commercial property with secure tenant situated in the main street (High Street) of Yea. Right in the heart of Yea, which is a well renowned tourist destination and an area profound with agriculture, viticulture, aquaculture, market gardens and much more. TWO OPTIONS FOR THE BUYER:- Purchase the street frontage property with the building/tenanted lease – total of 455m2 Purchase the TOTAL land which is 936m2 with options to sub-divide and develop The advertised price is for Option 1 and Option 2 is available for negotiation. Rental return is $32,246 - with a 5 year lease and annual CPI increases in the lease. Outgoings are paid by the tennant. The property has a double window frontage to High street with excellent street front exposure. It is an open plan shop plus 2 x offices at the rear of the shop. Behind this area is a staff kitchen, large storage facility with roller door access plus his & hers toilets. Current owners are looking to retire and are willing to negotiate for Option 2. Enquire today to find out more.

First listed on 08 February, this property has been on Realty for 385 days. There are currently 2 properties for sale in Yea.
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