Perfectly situated on a central, highly visible Yackandandah main street, this combined residential and retail freehold investment opportunity is set on an approximate 1025 sqm allotment and comprises a privately situated three-bedroom, one-bathroom home with side access, and two separate, fully leased retail premises with established, respected business tenants.
Situated in one of North-East Victoria's most popular and iconic towns and communities, this multi-let property is a must-see for investors seeking to secure a well-maintained, residential and commercial freehold opportunity, currently comprising:
24 High Street - Leased to The Yack Store / Newsagency, this retail space offers expansive street frontage and display windows, approx. 147sqm of retail floorspace, a storeroom, and an office. A recently installed split system air-conditioner has been fitted, and there is a shared toilet to the rear. Annual CPI increases apply.
24A High Street – Leased to Diving Beryl Grocer and Café and offering approx. 64sqm of retail floor space, this property includes prominent street frontage and windows, a kitchenette, a split-system air-conditioner, access to the undercover front verandah, and a rear toilet. Annual 4% fixed increases apply.
24B High Street – Nestled in a prime, central location, this recently updated residence perfectly balances privacy, space, charm, and modern comfort with immediate and easy access to all local popular cafes, shops, and conveniences.
The tiled kitchen includes gas cooking, excellent meal preparation areas, and plenty of storage. Adjacent to the kitchen, the dining area includes a ceiling fan, heater, and air conditioner. The separate carpeted lounge is spacious and includes a split-system air conditioner, wood combustion heater, and sliding door access to the undercover verandah.
The primary king-sized bedroom includes a built-in robe and ceiling fan. The second bedroom is queen-sized with a built-in robe and additional storage, and the third bedroom is double-sized. A versatile study, or fourth bedroom, offers additional flexibility. Each of the bedrooms are carpeted.
The bathroom features a shower, bath, vanity, and a separate toilet. A separate laundry is tiled and includes extra storage space along with a trough.
Outside, the residence offers a generous garden, storage shed, and multiple undercover areas. Electric hot water is installed. Annual residential rent reviews apply.
Total current combined income for these properties is $73,606.68, making it a potential ideal investment for individual investors, SMSF Trustees, and all seeking to secure a prominent commercial and retail investment in one of North East Victoria's most sought-after communities.
For more information or to arrange an inspection, contact Jamie Horne on 0438 280 867 or Jaqui Ward on 0457 883 295
