Known as the "Victoria Arcade" and positioned in the centre of town is this commercial investment opportunity. The Arcade as a whole has 7 retail/office spaces.
For Sale is one Title that has three tenanted retail stores. All three shops are currently leased with a combined net income of approx. $15,280 per annum (Excluding outgoings).
Rarely does a property of this calibre come onto the market, do not miss this opportunity to acquire a well performing commercial asset in the heart of town.
Title For Sale:
239-241 Commercial Road
Situated on its own individual title, 239-241 Commercial Road, comprises of three fully leased tenancies with two having main road exposure. This building retains significant heritage appeal with its original bull nose veranda still intact. Currently returning $15,280 pa (Excluding outgoings). Adjoining the Victoria Arcade, this site has shared amenities and an open sitting area.
Situated on approx. 415 square metres of Commercial 1 Zoned land, this property is surrounded by ample parking and has rear lane access off Commercial Lane.
Asking: $270,000
This is a great opportunity to invest in a prominent commercial property on the main street! Contact us today for more information 03 5182 5611
Property ID: #LYM8667
