89 Dunlop Street, Mortlake VIC 3272
For Sale $285,000

7.3% RENTAL YIELD - COMMERCIAL INVESTMENT

559m2

This ideally located commercial space boasts a generous land size of 559m² and a versatile building size of 245m². It occupies a prominent corner site at Dunlop and Webster Streets in the thriving township of Mortlake.

The space is currently tenanted, achieving an annual rent of $20,800 + GST plus outgoings, offering a 7.3% rental yield. Secure 2-year lease in place until 25th August 2027 with 3×3-year options.

The building comes equipped with air-conditioning, town water, and a hot water service. Inside, you’ll find a back storage area, a staff breakroom, and a staff bathroom. There is also a triple-bay storage shed with a single carport attached, and space to park additional vehicles at the rear of the building.

The Besser block construction provides a solid foundation, and with no garden to maintain, it offers low-maintenance convenience.

For more information or to schedule a viewing, please contact Wilsons.

Disclaimer:
All prices are quoted exclusive of GST (if applicable). The applicability of GST will depend on the purchaser’s registration status and the use of the property. Purchasers are advised to seek independent financial or legal advice.
For Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.

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To learn more about buying a property through Wilsons Warrnambool please read our buying booklet.

Lucas Wilson,
Director