BETTER THAN A 7% RETURN AND ASKING UNDER $200,000

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44 Monash Road, NEWBOROUGH VIC 3825
$190,000
21084079
For Sale

Property Details

Description

* Commercial Freehold offering a 7.73% net return on investment
* 634sqm approx block and approx 280sqm of building zoned mixed use
* Main road exposure with in excess of a 14 metre street frontage
* Rear and side lane access with on site parking available
* Tenant paying all outgoings including Landlords Building Insurance
* Current tenant has occupied premises in excess of seven years
* Perfect for the first time or budget conscious 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.

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