First National Rayner Commercial are proud to offer for sale this outstanding freehold building (Businesses not for sale).
Blue chip retail property in the heart of Bacchus Marsh’s retail area. Long term tenancies in place and recently renewed.
• Freehold Only • Zoned Commercial 1 • 2 Secure leases in place with 3+3+3 year terms • $123,000pa Gross Rental Income with 4% Increases Annually • Tenant Pays All Outgoings • Excellent Rear Access via Gell Street public car park • Lease commenced 1 April 2024 • Total Building Area 710m2 (Approx)
With Bacchus Marsh expected growth for currently 27000 residents (approx.) to 47000 residents (approx.) by 2041 (source Moorabool Shire Website) this would be an ideal addition to a property portfolio.