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13/21 King George Crescent
Echuca VIC 3564
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Sold on 4 Oct 2024

13/21 King George Crescent Echuca VIC 3564

  • Factory, Warehouse & Industrial
  • 155 m²
  • Sold, $410,000

SOLD - Unit 13, 21 King George Street, Echuca VIC

  • Prime Supply-Constrained Asset
  • 6.9%-7.7% Rental Yields
  • Thriving Growth Market

Biggin Scott North is excited to announce the sale of Unit 13 at 21 King George Street, Echuca. This strategically located 155 sqm warehouse in the heart of a thriving regional town marks a key acquisition for the new owner. With the Campaspe Shire Council driving the expansion of over 2,500 new dwellings and the creation of 4,500 jobs by 2026, Echuca is primed for growth, increasing the demand for industrial real estate.

Why This Purchase is Important:
• Rare Opportunity: With no other warehouses currently available for lease in Echuca, the buyer has secured a prime asset in a supply-constrained market.
• Strong Investment: Each unit offers a rental income potential between $28,737 and $32,054 annually, with yields ranging from 6.9% to 7.7%. These figures reflect solid returns, especially in a rapidly growing market.
• Future Growth: Echuca's transformation and population growth will likely drive future rental demand, making this a lucrative long-term investment for any portfolio.

This purchase provides the buyer with a stable, high-yielding asset in an emerging regional market with substantial upside potential.

To enquire about the other available units call the experts

Prem Shah 0416 085 144
Simran Khatrha 0431 178 435

Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

BIGGIN SCOTT NORTH
BIGGIN SCOTT NORTH
730 High Street
Epping, VIC 3076

Property Highlights

Date Sold4 Oct 2024
Sold Price$410,000
Floor Area155 m²
Land Area155 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2019539183
Category
Last updated  3 Oct 2024
Map for 13/21 King George Crescent Echuca VIC 3564
BIGGIN SCOTT NORTH
BIGGIN SCOTT NORTH
730 High Street
Epping, VIC 3076

Property Highlights

Date Sold4 Oct 2024
Sold Price$410,000
Floor Area155 m²
Land Area155 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2019539183
Category
Last updated  3 Oct 2024

Co-Agents

Prem Shah
BIGGIN SCOTT NORTH
Call
0416085144

More about 13/21 King George Crescent Echuca VIC 3564

13/21 King George Crescent Echuca VIC 3564 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 155 m² and a land area of 155 m². The listing ID for this property is 2019539183.

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