75 Belmore Street Yarrawonga VIC 3730

Burgess Rawson is delighted to offer to the market this mixed use, fully leased investment at 75-75A Belmore Street, Yarrawonga for sale via Private Treaty.

The Property has the following investment highlights:

+ Retail shops (207 sqm*) with dual entry, secure parking and a custom tenant fit outs.
+ Two low-maintenance 2-bedroom residences (130 sqm*) above retail, featuring spacious layouts, main street views, and dual access. Kitchen and bathroom upgrades completed in 2014.
+ Strong residential rental history with one long-term tenant (56 years) and historically consistent occupancy in both units.
+ Mint Boutique: Australian owned women's clothing retailer, in operation for over 16 years.
+ Satin and Stones: intimate apparel retailer, in operation for over 14 years.
+ Fixed, compounding 3% annual rent increases for both retailers.
+ Premium Commerical 1 Zoning providing the opportunity for future development (STCA).
+ Premier location, with frontage to Belmore Street (11,500), Yarrawonga's main retail strip.**
+ Woolworths, Kmart and Cellarbrations all within 150* metres.
+ Yarrawonga: tightly held regional hub with median unit/apartment price of $425,000.
+ Net Income: $46,099* pa + GST

To be sold via Private Treaty.

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

WENDY THOMSON
0413 134 662
wthomson@burgessrawson.com.au

Please contact the exclusively appointed sales team for more information.

*approx
**GapMaps