Outstanding commercial freehold in the heart of Warragul

With its prominent CBD location, this commercial freehold is an exceptional opportunity to acquire a prime retail investment property.

Number 43 Victoria Street, Warragul is positioned in the heart of the town’s business and shopping hub with a high volume of passing traffic and ample parking nearby. Woolworths supermarket, Target, McDonald’s and the major telco outlets are neighbouring retail businesses. Zoned Commercial 1, the titled land area is 365m2, the open plan, single storey building is approximately 345m2. A sealed rear lane allows access to secure on-site covered parking for two vehicles, a real bonus in this inner town location. The property is currently leased to a well established and prosperous business with 100 per cent of outgoings accountable by the tenant.

Recently renewed, the three year lease expires on the 30th December, 2022 with the option of a further three years. Annual rent is $66,500 plus GST with yearly CPI rent reviews. Improvements include toilet facilities, staff lunch room amenities, two split system air conditioners, automatic front entry doors, electric light fittings and a full width awning across the front. Don’t miss this fantastic opportunity to purchase premium commercial real estate with guaranteed income and the assurance of a solid investment for the future. For additional information, including the information memorandum, or to arrange a personal inspection contact the marketing agent Quirk Real Estate Warragul on 5623 6062, Kate Pitisano 0477 228 817 or Geoff Quirk 0418 515 949. Number 43 Victoria Street, Warragul is on the market for $1,150,000.