SOLD

24-30 Riley Street, Hamilton, VIC 3300


Renewed Lease to VicRoads - Essential Service State Government Department

+ Renewed 3 year lease to Feb 2023 plus options to 2025
+ VicRoads pay all usual outgoings including building insurance
+ VicRoads: Essential service Victorian State Government transport department
+ Purpose built and well maintained 249 sqm building including vehicle inspection bay
+ Fixed 3% annual rent increases assuring growth
+ Significant 3,118 sqm landholding with valuable 30 car parks on-title
+ Hamilton: Important commercial centre, servicing 30,000+ trade catchment
+ Net Income: $41,148 pa + GST (as at 28 February 2021)

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December

Property Info

Municipality
Hamilton

AUCTION

Wednesday, 09 Dec 2020
10:30 am

NEARBY PROPERTIES

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