Highly Affordable High Yielding – Circa $600,000 Buyers
1-3 Ligar Street , Ararat VIC
Property Highlights
10% Yield Anticipated
3 Income sources provides security
Modernised with 50m frontage
Description
Three classic tenants, three income sources, three separate titles
Leased to well known and long established enterprises
Renewed 5+5 and 3+3+3 year leases with annual CPI and fixed 3% rent increases
Gateway entry to the commercial centre of Ararat
Main road corner site of 952.24 sqm with over 50.31 metres of street frontage
Modernised building office complex of 713 sqm with on-site and kerbside parking
Rent: $59,364 pa plus GST
Auction 11am AEST Wednesday 17 May 2017
CBD River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
952 SQM
Building Area
713 SQM