247-249 Wyndham Street, SHEPPARTON, 3630
stockdale & leggo real estate
$590,000 - $620,000
Internet ID 329941
Office Details Shepparton
location
91 Wyndham Street
Shepparton, VIC, 3630
phone
(03) 5831 3812
email
 
[email protected]
Agent Details
Vincent Tassoni Licensed Estate Agent and Auctioneer
03 5831 3812
0417 374 105
[email protected]
Commercial Freehold with Over 8% Net Return
This charming commercial freehold is ideally located in the heart of Sheppartons CBD. Offering an iconic restaurant downstairs and a 2 bedroom residence upstairs, this property has been occupied by the same business for almost 30 years. Currently leased at $52,972.88 plus GST plus outgoings until March 2018 with a further option of 5 years.

Property features include:
-Land Area: 476m2 (approx)
-Building Area: 305m2 over two levels (approx)
-Rear access with onsite car parking
-Outdoor dining
-Storage area
-Long term tenant
-Current business occupying the property for almost 30 years
-$52,972.88 plus GST plus outgoings
-CPI increases annually
-Market reviews at the end of each term