Large iron clad building of 570m2 with excellent exposure to the ever busy Macarthur Street and close to Raymond Street Retail and the Gippsland Centre Sale with Bunnnings wedged in between. Dual frontage to both Macarthur Street of 15.3 metres and Desailly Street of 11.9 metres with abundant off street parking.
The main building currently leased 01/03/2020 to 01/03/2025 x 5 x 5 at $25,000 per year + GST with yearly CPI increases and no outgoings.
The small shed at the rear is leased at $216 per Month ($2592 P/A) Giving a total annual gross income of $27,592.
This amazing property has opportunity written all over it!
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4333