109-111 Princes Way Drouin VIC 3818

Harcourts Warragul are delighted to offer via Private Sale 109-111 Princes Way Drouin and 9-11 Hamp Lane Drouin.

Key highlights of the opportunity include:
- 100% leased to three established tenants
- Combined rental income of $73,431.60 per annum + GST + Outgoings
- Total building area 240 sqm (approx.)
- Commercial 1 Zoned landholding of 370 sqm (approx.)
- Tightly held central CBD location
- High traffic area surrounded by national brands and other successful businesses

109-111 Princes Way Drouin
- Annual income of $31,621.44 pa + GST + Outgoings
- Occupied by a National Real Estate brand
- Two year term commencing December 2022
- Building area 120 sqm (approx.)

9 Hamp Lane Drouin
- Annual income of $22,915.44 pa + GST + Outgoings
- Leased to a massage salon
- Three year term commenced March 2021 with three further three year options
- Building area 60 sqm (approx.)

11 Hamp Lane Drouin
- Annual income of $18,894.72 pa + GST + Outgoings
- Leased to a massage salon
- Three year term commenced April 2022 with one further three year option
- Building area 60 sqm (approx.)

Drouin is located in the South Eastern growth corridor of Victoria and is a major population and service centre of West Gippsland and the greater Baw Baw Shire region, which as a whole is forecast to see a substantial population increase of 49.78% by 2041 (source: Forecast.ID)

For further information or to book an inspection, please contact Marino Perioris on 0476 808 845 / marino.perioris@harcourts.com.au