SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

High Yielding Entry Level Investment

52 Murphy Street , Wangaratta VIC

Property Highlights

Renewed 3 year lease plus options
Business on-site 20+ years
Tenant pays all usual outgoings
Register to Bid

Description

+Renewed Three (3) year lease plus options to 2033.
+Noodle Mas: proven business servicing local community in same premises for 20+ years.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual CPI reviews.
+Rarely offered ‘entry level’ investment.
+Well presented premises with important 12 metre retail frontage and exposure plus ROW access.
+Main road position with 17,000* vehicles passing daily.
+Prime CBD site amongst ALDI, Harvey Norman, Big W, Zambrero & all major banks.
+Potential 50% stamp duty savings.
+Wangaratta: regional city servicing 60,000+ catchment.
+Net Income: $34,215pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino – River Room

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
123 SQM
Building Area
99 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights