Positioned in a well-established pocket of Wangaratta, this versatile freehold presents a compelling opportunity for investors seeking strong returns and long-term security.
Offered at $540,000 (FHGC - No GST), the property combines a tenanted retail asset with a modern residential dwelling, all on one title-delivering income diversity and underlying land value.
The property is securely leased to a general store operator, with a current lease in place until 2031, plus two further 5-year options, providing exceptional tenure and income continuity.
At a 5.5% return, this is an attractive, set-and-forget investment in a regional market underpinned by consistent demand and limited supply of quality freehold assets.
Key Features:
- Freehold going concern - No GST applicable
- Established general store tenancy
- Lease secured until 2031 + 2 x 5-year options
- Strong 5.5% yield
- Modern 3-bedroom, 1-bathroom residence at rear
- Single title - simplified ownership structure
- Located amongst a growing residential area of the Rural City of Wangaratta
This is a rare opportunity to secure a mixed-use freehold investment with both commercial and residential appeal in the tightly held Wangaratta market.
