20 Rutherglen Road,
Newborough, VIC 3825
Shops & Retail • Offices
Price information
Sale
$699,000 (Going Concern)
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 20 Rutherglen Road
Train stations within 5 km of 20 Rutherglen Road, Newborough, VIC 3825 Distance Moe Station 2.9 km POWERED BY HERE ©Bus stops within 5 km of 20 Rutherglen Road, Newborough, VIC 3825 Distance Rutherglen Rd/Balfour St (Newborough) 62 m St Marys Church/Monash Rd (Newborough) 148 m Tyers St/Monash Rd (Newborough) 243 m Balfour St/Law St (Newborough) 262 m Monash Rd/Leith St (Newborough) 357 m POWERED BY HERE ©
POWERED BY HERE ©
Stellar Investment Opportunity!
Harcourts Warragul are delighted to present 18-20 Rutherglen Rd Newborough For Sale.
A unique opportunity to purchase a fully tenanted dual income investment with a commercial premises at the front and a residence at the rear, providing the best of both worlds for the discerning investor. Located within the tightly held Rutherglen Rd retail precinct and positioned on 755sqm* of mixed use land, the key highlights include:
COMMERCIAL TENANCY
- Total floor area 157sqm*
- Excellent street appeal
- Two entrances
- Bifold windows along the front
- Three toilets (two on main level and one upstairs)
- Previously used as a café, and with commercial kitchen still in place
- Upstairs mezzanine and office
-Plenty of customer parking on the street, as well as council car park next door with a further 24 spaces*
- Currently leased to a therapy services business, returning $25,500 pa + GST and the tenant pays all usual building outgoings. Initial two year lease commenced December 2023. Further two year option followed by one year. 4% annual rent increases and market review at the beginning of each option.
RESIDENTIAL TENANCY
- Total floor area 133sqm*
- 2 Bedrooms (Both with robes, main with walk in)
- Separate office
- Large bathroom with corner bath and double rain head shower
- Open plan living/dining and well appointed kitchen with curved benchtop, freestanding gas cooktop, and dishwasher
- Hard wood flooring throughout
- Separate laundry
- Private alfresco - perfect for the entertainer
- Fully fenced backyard with established gardens
- Detached double garage with toilet and 3 phase power
- Currently leased to excellent tenants returning $350pw
*Denotes approximate
For further information or to arrange an inspection, please contact Marino Perioris on 0476 808 8... or marino.perioris@harcourts.com.au
A unique opportunity to purchase a fully tenanted dual income investment with a commercial premises at the front and a residence at the rear, providing the best of both worlds for the discerning investor. Located within the tightly held Rutherglen Rd retail precinct and positioned on 755sqm* of mixed use land, the key highlights include:
COMMERCIAL TENANCY
- Total floor area 157sqm*
- Excellent street appeal
- Two entrances
- Bifold windows along the front
- Three toilets (two on main level and one upstairs)
- Previously used as a café, and with commercial kitchen still in place
- Upstairs mezzanine and office
-Plenty of customer parking on the street, as well as council car park next door with a further 24 spaces*
- Currently leased to a therapy services business, returning $25,500 pa + GST and the tenant pays all usual building outgoings. Initial two year lease commenced December 2023. Further two year option followed by one year. 4% annual rent increases and market review at the beginning of each option.
RESIDENTIAL TENANCY
- Total floor area 133sqm*
- 2 Bedrooms (Both with robes, main with walk in)
- Separate office
- Large bathroom with corner bath and double rain head shower
- Open plan living/dining and well appointed kitchen with curved benchtop, freestanding gas cooktop, and dishwasher
- Hard wood flooring throughout
- Separate laundry
- Private alfresco - perfect for the entertainer
- Fully fenced backyard with established gardens
- Detached double garage with toilet and 3 phase power
- Currently leased to excellent tenants returning $350pw
*Denotes approximate
For further information or to arrange an inspection, please contact Marino Perioris on 0476 808 8... or marino.perioris@harcourts.com.au
Additional information
External websites
Property ID: 504555460Last Updated: 25 Jun 2024
04768088...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
20 Rutherglen Road
Newborough, VIC 3825
Harcourts - Warragul19 Queen Street
WARRAGUL, VIC 3820
WARRAGUL, VIC 3820
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