137 Shoreham Road Red Hill South VIC 3937

Red Hill Village Shopping Centre is being offered for sale with 7 individually titled and leased shops being sold as one.

Unlock a lucrative investment opportunity with this recently fully refurbished centre, featuring prime tenants secured under long-term leases. With a strong rental history and high demand in the area, this property promises not just stability but significant growth potential.

The property occupies a central location among wineries and boutique accommodation with numerous produce-based tourism and hospitality venues nearby.

This boutique and tightly held location is zoned C1Z, and there is on-site parking accessible from both Shoreham Road and Baynes Road

Additional notes;
Total gross income over $250,000* plus GST annually.
Net income $170,781* plus GST and outgoings annually.
Land tax (single holding basis): estimated less than $225* pet lot per annum.
Depreciation allowances: available if applicable.
Land size: 1680m2 (approx.)
Building area: 576m2 (approx.)

*estimates