83 King George Street, COHUNA VIC 3568

FREEHOLD SALE WITH HIGH RETURN ON INVESTMENT

House Sold - COHUNA VIC

Freehold building for sale only, not business.
Fantastic investment opportunity with high rate of return in excess of 8% with highly regarded long term tenant in place.
Property is a commercial shop with solid brick construction on slab, total of approx. 200m2 land. Inside has office space, kitchenette, toilet and front reception area. Heating and cooling is reverse cycle. Outside contains yard space and lock up garage with rear access.
Situated in the main street (Murray Valley highway) of Cohuna.
Building in very good order and will be a low maintenance property.
Quality long term tenants under current lease with high ROI.
Current rent at $289 per week plus GST with fixed increases built into lease. As per commercial lease tenant pays the outgoings.
Contact Luke Ryan on 0438 841 127 to discuss this very impressive investment opportunity.