40 Aitken Street Gisborne VIC 3437

Stonebridge Property Group are pleased to present for sale 40 Aitken Street, Gisborne.

The key highlights for this opportunity include:

- High profile corner freehold located in the heart of the tightly held Gisborne retail village adjoining Foodworks.

- Boasting an unparalleled history of tenant retention with 40+ years of tenant retention.

- Vendor-favored 5-year net lease to highly rated real estate agency Woodards.

- Woodards Real Estate boats a statewide network of 24 offices.

- The versatile freehold spans 250 sqm* of building area (with additional cellar space) and benefits from multiple points of entry.

- Providing scope for multiple tenancies, with level one enjoying separate/private access via Hamilton Street.

- One of Gisborne's most prominent positions, bookended between 3 major supermarkets (Foodworks, Coles & Aldi).

- The convenient location enjoys significant surrounding council car parking.

- Providing income of $63,236* + GST + Outgoings with 3% fixed annual increases.

- The affluent suburb, just 54 km from the Melbourne CBD, boasts a median house price of $1,017,500*.

40 Aitken Street, Gisborne is offered for sale via Expressions of interest closing Wednesday 13th November 2024 AT 12:30PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

Ian Lam
+61 416 621 859

*Approximately

Property Code: 1106