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Retail for Sale

63 Princes Highway Yarragon, VIC 3823

$600,000Floorplan
  • Building: 150m²
  • Land: 984m²

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Retail for Sale in Yarragon

Prime Location National Highway Frontage - Commercial Freehold

  • Building: 150m²
  • Land: 984m²

For Sale: Prime Commercial Investment Opportunity

• Land Size: 984m²
• Currently leased for 2 years with an option for a further 2 years.
• Rental Income: $23,400 p.a. plus GST and outgoings.
• CPI increase scheduled for 2025.
• Exceptional highway frontage on Princes Highway, Yarragon.
• Shared car parking facilities at the rear for convenience.
• Adjacent to a body corporate-maintained amenities block.
• The property is situated in a Commercial 2 Zone (C2Z), allowing for a variety of uses including offices, bulky goods retailing, associated commercial services, light industry, and more.
The zoning ensures flexibility for future development or tenant opportunities, making it a solid investment choice.

Future growth is anticipated with a 304-lot subdivision and a retirement village planned directly behind the property, adding significant value to the area.

Don't miss out on this rare opportunity to invest in a growing commercial hub. Contact us today to arrange an inspection!

Building:

150m²

Land:

984m² / 0.24 acres

Zone:

Commercial Zone 2- Baw Baw Shire

Tenancy:

Vacant

Categories:

Retail, Medical/Consulting, Other

Due diligence checklist for home and residential property buyers

63 Princes Highway, Yarragon, VIC 3823
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