$1,750,000 - $1,800,000
91 Barrabool Road, Highton, VIC 3216
High Profile Highton Opportunity
Superbly located on Barrabool Road, No 91 offers a fantastic commercial investment opportunity with long term tenant in place and high profile location. Positioned in the heart of Highton's most popular shopping precinct, this fantastic premises is surrounded by quality retail, medical and office businesses. Easy access to Highton Village and surrounding carparking at Woolworths Supermarket.
- Zoning – Commercial 1 Zone (C1Z)
- Building and land approx. 140m2
- Individually titled
- 3 phase power and reverse cycle heating/cooling
- Ample parking at neighbouring supermarket
- Currently tenanted returning $66,875 pa plus GST and outgoings
- Current lease until Oct 2028 with 1 further option of 5 years
- Rental increase of 3% annually
- Currently operating as a Town and Country Pizza & Pasta
- Zoning – Commercial 1 Zone (C1Z)
- Building and land approx. 140m2
- Individually titled
- 3 phase power and reverse cycle heating/cooling
- Ample parking at neighbouring supermarket
- Currently tenanted returning $66,875 pa plus GST and outgoings
- Current lease until Oct 2028 with 1 further option of 5 years
- Rental increase of 3% annually
- Currently operating as a Town and Country Pizza & Pasta
Property Info
Municipality
Highton
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