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203-205 Guthridge Parade Sale, VIC 3850

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203-205 Guthridge Parade,
Sale, VIC 3850

Shops & Retail • Other

Price information

Sale

$425,000

Key property information

Floor area

Property extent

Tenure type

Private inspections

to arrange a private inspection.

Map of 203-205 Guthridge Parade

Directions
  • Train stations within 5 km of 203-205 Guthridge Parade, Sale, VIC 3850Distance
    Sale Station2.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 203-205 Guthridge Parade, Sale, VIC 3850Distance
    Picton Ct/Guthridge Pde (Sale)99 m
    Eastwood Park Village/Guthridge Pde (Sale)163 m
    Ashleigh House Aged Care/Bergen Cres (Sale)287 m
    Ruff St/Guthridge Pde (Sale)313 m
    St Thomas Primary School/Guthridge Pde (Sale)458 m
    POWERED BY HERE ©
POWERED BY HERE ©

Great investment on Guthridge!

This commercial property on offer presents a fantastic investment opportunity with a current lease in place, generating an annual income of $26,740.48. The current lease is set to expire on 15th of February 2027, providing a secure income stream for the foreseeable future. Additionally, the property boasts three options for renewal, each spanning three years, offering both the tenant and potential buyers flexibility and long-term stability. The premises features a well-equipped kitchen and prep area, an administration office, and two storage areas, catering to a variety of business needs. With a new roof and recent refurbishments, the property is in excellent condition, ensuring minimal maintenance costs for the new owner. Furthermore, the rear access for shop owners adds convenience and accessibility. With a gross yield of 5.689% and approximately 223m2 of space, this property represents a solid investment with promising returns and potential for growth. Don't miss out on this opportunity to secure a lucrative asset in a prime location!

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist, or call us on (03) 5144 43...

Property ID: 504552640Last Updated: 30 Apr 2024

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203-205 Guthridge Parade
Sale, VIC 3850
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