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Gore, 9 - 11 Main Street

Commercial Investment Property For Sale

$230,000 Plus GST (if any)

Listing Number: GO26595
About this listing
$230,000 Plus GST (if any)
Building 150m2
Land area 252m2
4 car parks
Commercial Zoning
New Roof with heavy duty roofing underlay, flashings & Gutters, DJ Roofing 30th June 2015.
Two tenants
Rental income $20,660.00 plus GST plus Outgoings
(Rates & Insurance Approx $9,000 inc GST)
Return on asking price of $230,000 = 8.98%
Property Information
  • Approx Floor Area: 150 sqm
  • Land Size: 252 sqm
  • Property Type: Carpark, Office, Retail
  • Parking
    • Uncovered: 2
  • Property Details: Tenanted Investment
  • Commercial information
    • Zone: Commercial
  • Tenure: Fee Simple
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 20660, Additional Details: Sun/Tan Room NOT Included
  • Tenancy 1: Area Sqm: 96.80, Commencement Date: 01 January 2018, Expiry Date: 22 November 2021, Rental net/gross p.a.: 13360 + GST, Review Dates: Two yearly, Rights of Renewal: 23 Nov 2024 & 23 Nov 2027, Tenant Name: Hands on House, Term (years): 3 x 3
  • Tenancy 2: Area Sqm: 52.25, Commencement Date: 01 April 2018, Expiry Date: 31 March 2021, Rental net/gross p.a.: 7300 + GST, Review Dates: 1st April 2020 thereafter 2 yearly., Rights of Renewal: 3 terms of 3 years, Tenant Name: Ebony Ivory, Term (years): 3 years

Contact Details

Harcourts Gore

Holmwood Real Estate Ltd

Licensed REAA 2008

183 Main Street
Gore
Office website

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