SOLD

157 Baillie Street, Horsham, VIC 3400

Golden Opportunity - Solid Returns

Fully Leased, excellent returns, brilliant location. This tightly held Blue Chip Commercial Investment property is now available For Sale. Spread your risk with a solid mix of Commercial & Residential Tenants, strong Leases in place with annual rent reviews, showing impressive rental returns of $117,800 pa. for the astute investor. This well maintained and renovated property consists of 2 commercial tenancies on the ground floor and 4 residential tenancies on the first floor. This building has consistantly shown these investors excellent returns and occupancy rates. The building is prominantly located in Horsham medical precinct, opposite Lister House Medical Centre, Function Therapy Centre, a 100 place Child Care Centre and walking distance to Horsham Wimmera Base Hospital & main street shopping.
Ground Floor:
Commercial: 157A - Horsham Physio & Podiatry Clinic $33,000 pa. plus Outgoings. Leased to 30th June 2022, 2 further terms of 3 years. Outgoings paid by tenant. Floor area: 160m2 with 5 designated carparks.
Commercial: 157B - $12,000 pa. plus Outgoings. Leased to Hairdresser. 1 designated carpark. Recently renovated, new carpets/painted.
First Floor:
Apartment 1: $18,200 pa. $350pw. 2 Bedrooms. Leased
Apartment 2: $19,760 pa. $380pw. 2 Bedrooms. Leased
Apartment 3: $13,000 pa. $250 pw. 1 Bedsit. Leased.
Apartment 4: 2 Bedrooms. $380pw. Freshly Painted. The owners will fully furnish to the standard of the other 3 apartments.

Note: Apartments 1,2,3 & 4 upstairs apartments are fully furnished. All furniture included in sale.

Total Rental: $117,800-00

Call Nola on 0418 504 855 to arrange an inspection