Property Description

Investment Opportunity

Long-term investment property first time for sale in over 75 years.

Prominent main street property that has only had 2 different tenants in the past 50 years, with no vacancy.

Leased to the local community centre until June 2031 which offers a range of community-based services & facilities.

Building consists of:

-Reception area with auto entry doors

-2 large meeting/function rooms

-Large kitchen/dining area

-Informal open space adjacent to kitchen

-8 individual offices

-Staff carport parking

-Rear entry

-Disabled access

Lease details are:

-Annual rent $33,800 p.a. + GST

-Lease term to June 2031

-Outgoings paid by lessor

-Annual rates $2,200

This building currently has a long-term lease agreement until June 2031 offering a set & forget investment for the passive investor.

Asking $499,000. Inspections welcome.

"We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations".

Contact

Terry O'Rafferty

Sales Agent

Meg Schmidt

Property Manager

Want to inspect this property?

Get in touch with us to arrange an inspection.

Can't inspect in person?

We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.