The Freehold building in prominent Manifold Street offers a great return of 12%.
Currently leased to George Taylor’s Store – a long standing and viable tenant – with a lease that runs to March 2019 with a 3 year option. Current rent is $23,900 (Inc GST) P.A. with CPI reviews yearly, and the tenant pays the rates.
With a retail area of 355 m2 and commercial zoning, this presents a great investment opportunity.
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To learn more about buying a property through Wilsons Warrnambool please read our buying booklet.
Lucas Wilson,
Director
