Excellent opportunity exists to purchase this five year old, well established property business. This good quality commercial/ residential complex is located in Phillip Island on the Victorian coast only 120km from the centre of Melbourne.
One investment, 3 apartments, separate titles for sale. Property outline:
• 3 large apartments approx: 215m2 each are offered tenanted possession.
• Modern and attractive two level building with 10 shops at ground level and 3 upstairs apartments in a continually growing area. The complex is positioned among renown local retail and service businesses
•tFully air-conditioned/ heated complex with quality fittings, public amenities and 45 private car parking spaces on site
• Shops at ground level with national tenants, more shops next door. Medical Centre around the corner and walking distance to Coles and Woolworths.
• This individually titled apartments are offered as a going concern with long term, secure tenancies. Good income returns from secure leases, annual reviews and proven high capital growth in this thriving, well known seaside location.