Share this property

realcommercial.com.au

109-111 Princes Way Drouin, VIC 3818

Directions

109-111 Princes Way,
Drouin, VIC 3818

Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

Return

Map of 109-111 Princes Way

Directions

Multi Tenant CBD Investment Opportunity

Harcourts Warragul are delighted to offer via Private Sale 109-111 Princes Way Drouin and 9-11 Hamp Lane Drouin.

Key highlights of the opportunity include:
- 100% leased to three established tenants
- Combined rental income of $73,431.60 per annum + GST + Outgoings
- Total building area 240 sqm (approx.)
- Commercial 1 Zoned landholding of 370 sqm (approx.)
- Tightly held central CBD location
- High traffic area surrounded by national brands and other successful businesses

109-111 Princes Way Drouin
- Annual income of $31,621.44 pa + GST + Outgoings
- Occupied by a National Real Estate brand
- Two year term commencing December 2022
- Building area 120 sqm (approx.)

9 Hamp Lane Drouin
- Annual income of $22,915.44 pa + GST + Outgoings
- Leased to a massage salon
- Three year term commenced March 2021 with three further three year options
- Building area 60 sqm (approx.)

11 Hamp Lane Drouin
- Annual income of $18,894.72 pa + GST + Outgoings
- Leased to a massage salon
- Three year term commenced April 2022 with one further three year option
- Building area 60 sqm (approx.)

Drouin is located in the South Eastern growth corridor of Victoria and is a major population and service centre of West Gippsland and the greater Baw Baw Shire region, which as a whole is forecast to see a substantial population increase of 49.78% by 2041 (source: Forecast.ID)

For further information or to book an inspection, please contact Marino Perioris on 0476 808 8... / marino.perioris@harcourts.com.au

Additional information

Property ID: 504217368Last Updated: 31 Aug 2023

0476 808 8...
realcommercial.com.au logo
109-111 Princes Way
Drouin, VIC 3818
Harcourts - Warragul
19 Queen Street
WARRAGUL, VIC 3820
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Harcourts - Warragul

Other properties you might be interested in based on the location and property type you are looking at.