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100% Leased Landmark Corner Freehold | Booming Victorian Port City

78-82 Percy Street , Portland VIC

Property Highlights

Prized 1,117sqm Corner Building
Triple 68m Frontage in C2Z Zone
Longstanding Tenants, RACV + More
Register to Bid

Description

Burgess Rawson is pleased to offer to the market the multi-tenancy, 100% leased corner building at 78-82 Percy Street, Portland VIC for sale via Private Treaty

+ Fully leased investment including 4 commercial & 4 residential tenancies.
+ 8 Tenancies providing multiple streams of income.
+ Prized 1,117sqm* corner freehold, with favourable Commercial 1 Zoning (C1Z).
+ Commercial tenancies with landlord favourable net leases, with tenant paying all usual outgoings.
+ Longstanding tenants: RACV, Tobacco, Print Squad & Moynes Fashions.
+ Significant 68m* triple frontage in the heart of Portland’s thriving commercial centre.
+ Central amongst national retailers including Woolworths, ALDI, IGA and major banks.
+ Under 1km away* from important public infrastructure, Portland District Health and Portland Port.
+ Portland Port: One of Australia’s busiest regional ports and the largest sustainable hardwood chip export in the world.
+ Potential 50% stamp duty savings.
+ Portland: major commercial centre with multiple economic drivers including shipping, commercial fishing, industrial and tourism.
+ Net Income: $88,000 pa* + GST

To be sold via Private Treaty

To arrange an inspection, or for more information, please contact the exclusive selling agents:

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

MATTHEW WRIGHT
0458 290 588
mwright@burgessrawson.com.au

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,117 SQM
Building Area
1,396 SQM

Contact Agents

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