This outstanding commercial/retail freehold is a fantastic opportunity being situated on the South Gippsland Highway.
This freehold property known as “The Mine Road Op Shop’ is situated in a very busy part of Korumburra being located next door to a children’s play centre and directly adjacent to the primary school, cafes and close to the local supermarket.
With great exposure via the large front windows, the building has polished floors, character ceiling and offers all amenities including office/tearoom, toilets and storage rooms. With rear access and yard access there is a large number of carparking spots beside the building.
This freehold comes with excellent tenants who have just signed another 5 year x 5 lease.
Income per annum is $17160 + outgoings & CPI yearly, returning 4.57% on your investment.