Prime CBD Freehold Investment

SOLD - This listing was sold in February 2020
Quality location in tightly held CBD with upside to further maximise yield
5 Year lease to March 2024 with annual CPI increases, Further options to 2030
Current net Rent $22,000pa plus GST & outgoings (approx. 5% Yield)
Designed as multi tenancy property with dual entry to Murphy St & rear access
Potential to further increase rental income and maximise current yield
Off street parking - 3 Cars
High volume foot traffic area surrounded by national brands
Please contact Harcourts Real Estate to arrange your inspection today on (03) 5722 9444

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Main Property Features

Listing Number: LWR22259

Land Size:
280 sqm
Property Type:
Retail
Floor Area
  • Retail Square Metres: 64
Land area
  • Yard Square Metres: 280
Parking
  • Uncovered: 4
Property Details:
Tenanted Investment
Tenancy 1:
Area Sqm: 64, Rental net/gross p.a.: 22500, Term (years): 5
Tenancy 2:
Area Sqm: 120
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Landmark Harcourts Wangaratta

44 Ryley St
Wangaratta
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Property Location