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116 Fairy Street
Warrnambool VIC 3280
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Sold on 9 Dec 2024

116 Fairy Street Warrnambool VIC 3280

  • Offices
  • 523 m²
  • Sold

Commanding Freehold Building with Recent $1 Million + Upgrade

    Burgess Rawson, together with Ludeman Real Estate, are pleased to offer to the market the 116 Fairy Street, Warrnambool VIC for sale via Expressions of Interest.

    The property has the following key highlights:

    + Suits owner occupiers, investors and value add buyers - to be sold with vacant possession.
    + Commanding 523sqm* two level building with recent $1 million+ upgrade.
    + Significant depreciation benefits.
    + Building incorporates impressive office split over two levels including 5 offices, meeting room, training room and staff room.
    + Plus ground floor retail tenancy including large commercial kitchen.
    + Brand new lift providing access between ground floor and first floor.
    + Large basement for storage, large garage and storage sheds.
    + Significant 1,198sqm* freehold C1Z landholding with 19 metre* frontage.
    + Important vehicular access via Fairy Street to ample on-title car parking.
    + Prime position in heart of Warrnambool CBD in key office precinct.
    + Warrnambool: Victoria's largest coastal city (outside Port Phillip Bay) with a growing trade catchment circa 100,000.
    + Potential 50% Stamp duty Saving.
    + Potential Fully Leased Income: $160,000pa* + GST

    For Sale via Expressions of Interest
    Closing 3pm Thursday 24th of October 2024

    *Approx

    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold9 Dec 2024
    Floor Area523 m²
    Land Area1,198 m²
    ParkingAsk Agent
    Property ID2019508707
    Category
    Last updated  9 Dec 2024
    Map for 116 Fairy Street Warrnambool VIC 3280
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold9 Dec 2024
    Floor Area523 m²
    Land Area1,198 m²
    ParkingAsk Agent
    Property ID2019508707
    Category
    Last updated  9 Dec 2024

    Co-Agents

    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Burgess Rawson VIC Pty Ltd
    Call
    0408 529 038
    Burgess Rawson VIC Pty Ltd
    Call
    0419 877 735
    Burgess Rawson VIC Pty Ltd
    Call
    0417 308 067

    More about 116 Fairy Street Warrnambool VIC 3280

    116 Fairy Street Warrnambool VIC 3280 is categorized as Office. It has a floor area of 523 m². The listing ID for this property is 2019508707.

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