$269,000 inc. GST
Shop 4, 103-111 Percy Street, Portland, VIC 3305
PRIME LOCATION & PRIME TENANT! FREEHOLD ONLY
Nestled in the bustling heart of Portland's primary shopping precinct, this prominent building enjoys a highly coveted location, directly opposite the Post Office. Not only does it offer an exceptional address, but it also boasts a well-established, long-term tenant, making it an attractive investment opportunity.
This property is one of four distinct shop fronts, and it stands out as the cream of the crop with a generous 6.5-meter frontage and a substantial total building area of 135.9m2.
Practicality meets convenience with rear access to the property plus there is a kitchenette, store room and reliable security system.
The current lease agreement is in place until June 2024 generating a stable income of $1,472 approx. per month resulting in a net yield of approximately 6.6%. The tenant is a long term guarantee.
So if you're a savvy investor seeking a valuable addition to your portfolio, this property's prime location, extensive space, and reliable tenant make it a compelling opportunity. Contact us today to explore the potential and secure this outstanding investment in the heart of Portland's commercial hub.
This property is one of four distinct shop fronts, and it stands out as the cream of the crop with a generous 6.5-meter frontage and a substantial total building area of 135.9m2.
Practicality meets convenience with rear access to the property plus there is a kitchenette, store room and reliable security system.
The current lease agreement is in place until June 2024 generating a stable income of $1,472 approx. per month resulting in a net yield of approximately 6.6%. The tenant is a long term guarantee.
So if you're a savvy investor seeking a valuable addition to your portfolio, this property's prime location, extensive space, and reliable tenant make it a compelling opportunity. Contact us today to explore the potential and secure this outstanding investment in the heart of Portland's commercial hub.
Property Info
Municipality
Portland
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