ROCK SOLID INVESTMENT WITH HUGE LAND AREA

43 Monash Road, NEWBOROUGH VIC 3825
UNDER CONTRACT
20857328
For Sale

Property Details

Description

* Centrally located Newborough commercial site on a generous 1617 sqm parcel of land
* Four separate well established tenants on new leases with options
* Total rent $60,967 p/a + GST with tenants paying all outgoings
* Well built and maintained building structure of approx 900 sqm with Monash Road frontage
* Large rear car parking area and land size offers further development opportunities STCA
* Excellent rent yield of better than 8% is perfect for the first time or experienced investor

Location

Agent

Robert Sim
Robert Sim Director P. 0409 194 084

Rob is the Company Director, Licensed Estate Agent and Auctioneer whose focus remains totally on ensuring John Kerr Real Estate continues to be the preferred agent for vendors and purchasers.

Rob’s high standards are set and met by all of the staff thereby guaranteeing clients have the confidence in knowing they are dealing with an agency that always has their best interests at heart.