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$517,250
Harley Manion Harcourts Hanmer Springs
June Manion Harcourts Hanmer Springs
Extensively renovated, this is a superb entry level commercial property in popular Hanmer Springs!
* Freehold 494sqm section, Business Zoned
* Located just off the main avenue, approximately 200m from the Thermal Pool Complex
* Takeaway and delivery tenancy, with a commercial kitchen
* Current rental of $35,000 + GST, but rising to $39,000 + GST over 4 years
* Lease in place until 2020, plus additional renewals to 2032
* New roof and externally painted in 2016
* Low maintenance landscaping
Priced attractively at a current yield of 6.5%, but which will rise to over a 7% yield with the agreed rental increases!
Asking Price - $535,000 + GST (if any)
To start your commercial portfolio and for more information please contact the exclusive and local agent Harley today!
Property ID: #HS7335
Office
Licensed under REAA 2008
Sold Property
Extensively renovated, this is a superb entry level commercial property in popular Hanmer Springs!
* Freehold 494sqm section, Business Zoned
* Located just off the main avenue, approximately 200m from the Thermal Pool Complex
* Takeaway and delivery tenancy, with a commercial kitchen
* Current rental of $35,000 + GST, but rising to $39,000 + GST over 4 years
* Lease in place until 2020, plus additional renewals to 2032
* New roof and externally painted in 2016
* Low maintenance landscaping
Priced attractively at a current yield of 6.5%, but which will rise to over a 7% yield with the agreed rental increases!
Asking Price - $535,000 + GST (if any)
To start your commercial portfolio and for more information please contact the exclusive and local agent Harley today!
Property ID: #HS7335
Harley Manion Harcourts Hanmer Springs
June Manion Harcourts Hanmer Springs
Office Harcourts Hanmer Springs Licensed under REAA 2008
Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?
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