Contact the agent if you'd like further information.
Retail for Sale in Avoca
Motivated Vendor - Reduced to SELL! Investment Opportunity - NOW over 8.5% yield
- Building: 381m²
Next Steps:
Enquire with agentAdditional Information:
More InfoIf you're seeking a reliable addition to your investment portfolio, this quality strata-titled commercial property offers both security and future potential. Currently tenanted until June 2026, the property generates a solid net return of over 8.5% per annum, with all outgoings paid by the tenant.
Positioned in a small complex on Heidke Street with ample parking, this well-presented space is designed for versatility and long-term value. With a functional layout, quality fit-out, and moveable internal walls, the property appeals to a broad range of future tenants, including medical or professional service providers. Whether you're a seasoned investor or looking to enter the commercial market, this property presents a rare opportunity to secure consistent income and future flexibility.
AT A GLANCE
- Lease term: 12/06/2023 - 11/06/2026 + 3-year option
- Current net rent: $67,329.60 p.a. + GST (8.5%+ return)
- Tenant pays all outgoings (incl. management up to $2,490 + GST)
- Floor area: 381m² | Land area: 381m²
- Security deposit: $15,562.50 + GST
- 4% fixed annual increases
- Located in a small complex on Heidke St with ample parking
- Quality fit-out: built-in bar with cold room, ducted air-conditioning, carpeted areas
- Flexible layout with moveable internal walls
- Security system in place
- Potential for future medical or professional office use
- Shared toilets
- Tenant may consider vacant possession
If you have any interest in this property, please do not hesitate to reach out!
Hayden Walker
Ray White Bargara
M: 0408 499 024
E: hayden.walker@raywhite.c
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*Disclaimer: This information has been provided to Ray White Bargara by the vendor and, while we have no reason to doubt its accuracy, we cannot guarantee it. All interested parties should make and rely upon their own enquiries to determine the accuracy of the information provided.*
381m²
Vacant
Retail, Other, Medical/Consulting
Next Steps:
Enquire with agentAdditional Information:
More InfoThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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