$450,000

An outstanding opportunity to secure a high-yielding commercial investment with a long-standing tenant in place. Positioned on a 719 sqm fully fenced and concreted site, this well-maintained industrial property offers excellent exposure in a high-traffic location.

The steel-framed shed comprises approximately 172 sqm* of functional building space and has been home to the well-established Wangaratta Automotive Service Centre since 2012. Featuring three high-clearance roller doors, a front office and reception area with reverse cycle heating and cooling, a built-in kitchenette with electric hot water, and a bathroom with toilet and shower, this property is designed for practical and efficient business use.

Additional features include:

- Secure site with perimeter fencing
- Rear car parking area with wash bay
- High visibility location with strong passing traffic
- Quality long-term tenant paying $24,461.60 p.a. (incl. GST) plus all outgoings
- Current lease in place until October 2025 with a further two (2) 3-year options

Priced at a realistic $450,000 as an ongoing concern, this property represents a strong investment with reliable rental income and future growth potential, call Rob Bell on 0447 347 971 for more information.