122 West Street, Hadfield, Victoria, 3046

  • 2
  • 1

Sold

Sold for $1,100,000 (Oct 24, 2017)

Invest in Your Future

An outstanding opportunity for the Astute Investor exists in this magnificent property. Situated in the busiest shopping strip in the North, with 3x sound tenants and long leases remaining: Current return is $66,123.21 (inc GST)p.a. combined.

Existing tenants are:

1. Post office $27,942.93 (inc GST)p.a with further option of 5 years with CPI increases annually.

2. Vodafone $25,400.28(inc GST) with another 8 years remaining of a 20 year lease with 4% increase annually.

3. 2 bedroom apartment upstairs with separate rear entrance. $12,780p.a.

Zoning: Commercial 1

Land: 204m2 with R.O.W at rear.

Great opportunity, great property, great investment.

ACT NOW!

Property Info:

  • Property ID: 9610012
  • Property Type: Other

We Know Your Area

R&H Suburb Profile: Hadfield

R&H Suburb Summary Houses
Number of sales 87
Average Price $699,935
Median Price $720,000
Median Rental Price $420 p.w.
Change in Rental Rate (5yr) 20 %
R&H Suburb Summary Units
Number of sales 33
Average Price $464,833
Median Price $475,000
Median Rental Price $400 p.w.
Change in Rental Rate (5yr) 25 %
Hadfield, VIC - Median Trend
  • 122 West Street, Hadfield,
    Victoria, 3046