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319 Princes Highway
Traralgon VIC 3844
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Sold on 5 Jan 2018

319 Princes Highway Traralgon VIC 3844

  • Showrooms / Bulky Goods
  • 780 m²
  • Sold, $1,000,000

Incredibly Rare High Yielding Princes Highway Investment - Net Yield Circa 7%

    - Brand new lease to Traralgon Motorcycles -- long standing and highly regarded local business for 25 years
    - Current rent $80,000 with fixed 3% annual increases, tenant pays all usual outgoings
    - Three (3) year lease term with 2 further 3 year options
    - Building area 780m2*, comprises showroom, office space, staff amenities, workshop and mezzanine storage
    - Site 1382m2*, Princes Highway frontage 24.38m*, good access to rear yard
    - Outstanding location on Highway 1, the address of choice for all major national bulky goods retailers

    (*approx)

    Wilson Property
    Wilson Property
    Ground Floor, 62 Church Street
    Traralgon, VIC 3844

    Property Highlights

    Date Sold5 Jan 2018
    Sold Price$1,000,000
    Floor Area780 m²
    Land Area1,382 m²
    ParkingAsk Agent
    Property ID2014067267
    Category
    Last updated  15 Apr 2024
    Map for 319 Princes Highway Traralgon VIC 3844
    Wilson Property
    Wilson Property
    Ground Floor, 62 Church Street
    Traralgon, VIC 3844

    Property Highlights

    Date Sold5 Jan 2018
    Sold Price$1,000,000
    Floor Area780 m²
    Land Area1,382 m²
    ParkingAsk Agent
    Property ID2014067267
    Category
    Last updated  15 Apr 2024

    Listed by

    More about 319 Princes Highway Traralgon VIC 3844

    319 Princes Highway Traralgon VIC 3844 is categorized as Showroom & Bulky Goods Property. It has a floor area of 780 m² and a land area of 1,382 m². The listing ID for this property is 2014067267.

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