Landmark Moe Property Offering Rare Opportunity

. Corner George & Moore Street, MOE VIC 3825
$1,500,000
L10596192
For Sale

Property Details

Description

Positioned on a gilt-edged corner site opposite the newly constructed Latrobe City Council office complex these six retail shops on a single 851sqm approx title offer a better than 5% yield and instant income from day one.

Long established tenancies with tenants paying almost all outgoings and a combined rental income amount of $82,687 pa Plus GST.

Considered Moe’s prime position in a tightly held commercial centre these opportunities are not only rare but sought after by first time or experienced investors.

Short walking distance to train station, major banks, and retailers with exceptional future re-development (S.T.C.A) including high density possibilities.

Optional Site – 48 George Street
* 1,311sqm approx Commercial zoned re-development site
* Main road frontage and rear lane access
* Extensive adjoining carpark area

Total combined land area of both sites 2,162 sqm approx.

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.