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83 Princes Highway
Yarragon VIC 3823
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83 Princes Highway Yarragon VIC 3823

  • Shop & Retail
  • 688 m²
  • For Sale, $1,650,000 $1,750,000

Commercial Freehold Building - 3 Income Streams with Leaseback Option

    Prime Investment Opportunity with Leaseback Option in Yarragon

    This modern commercial building, constructed in 2018, presents a unique investment opportunity in the heart of Yarragon Township. With the owners offering to lease back all three spaces for 12 months, this is an ideal option for investors seeking immediate rental income.

    Key Features
    Residential Space Upstairs 325m2

    A luxurious 3-bedroom, 2.5 bathroom apartment, featuring
    Master Suite with a spa ensuite, walk-in shower, and double vanity.
    Modern Kitchen equipped with Smeg appliances, stone benchtops, and custom cabinetry.
    Multiple Living Areas including a gas log fireplace and office nook.
    Outdoor Balcony with ample space for relaxation and entertainment.

    Versatile Commercial Space, Ground Floor
    Shop 1 - Fully equipped restaurant with a commercial kitchen, cool room, and bi-fold servery windows. Liquor license for up to 50 patrons and outdoor dining on the veranda.
    Shop 2 - A flexible retail space with its own separate entrance, ideal for a variety of businesses.
    Additional amenities include a lift well to the residence, private yard, and a spacious shed.

    Investment Opportunity
    This property offers immediate income potential with a 12-month leaseback option from the owners, making it an attractive choice for investors. Whether you're looking to run a restaurant, retail space, or a mix of both, this property offers flexibility and prime positioning in Yarragon's bustling commercial zone. Total outgoings whole building 9,042 p.a

    Location Benefits
    Yarragon is a popular tourist destination in the Gippsland region, known for its charm and steady foot traffic from visitors and locals. The township offers lower operating costs and a supportive community, providing an ideal environment for new or expanding businesses.

    Don't miss out on this rare opportunity.

    Ray White Yarragon
    Ray White Yarragon
    117 Princes Hwy
    Yarragon, VIC 3823

    Property Highlights

    Floor Area688 m²
    Land Area725 m²
    Energy0-star NABERS Energy rating
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019121991
    Category
    Last updated  10 Dec 2024
    Map for 83 Princes Highway Yarragon VIC 3823
    Ray White Yarragon
    Ray White Yarragon
    117 Princes Hwy
    Yarragon, VIC 3823

    Property Highlights

    Floor Area688 m²
    Land Area725 m²
    Energy0-star NABERS Energy rating
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019121991
    Category
    Last updated  10 Dec 2024

    Listed by

    More about 83 Princes Highway Yarragon VIC 3823

    83 Princes Highway Yarragon VIC 3823 is categorized as Shop & Retail Property. It has a floor area of 688 m² and a land area of 725 m². The listing ID for this property is 2019121991.

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