. Corner George & Moore Street, Moe
$1,500,000 Excluding GST
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.