85 Queen Street,
Warragul, VIC 3820
Medical & Consulting • Shops & Retail • Hotel, Motel & Leisure
Price information
Sold
$660,000
Key property information
Floor area
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Map of 85 Queen Street
Premier Commercial Investment Opportunity: 85 Queen Street, Warragul
Lifestyle and Acreage is pleased to present for sale an exceptional investment opportunity at 85 Queen Street, Warragul. This distinguished double-story building in the middle of Warragul town offers immediate commercial viability and significant future growth potential, making it a prime asset for astute investors and entrepreneurs.
Key Property Features:
Prime Location: Positioned on the high-traffic Queen Street, this property enjoys superior visibility and accessibility within Warragul’s dynamic precinct, offering strong commercial appeal.
Secure Tenancy: Leased to the well-established Yellow Door Café, the property is secured by a 15-year lease, generating a stable weekly rent of $940, equating to an annual income of $48,880. This long-term lease offers both immediate and future financial stability.
Versatile Upper Level: The upper floor features two flexible office spaces (4.6m x 5m each) and a storage room (3.6m x 4m), providing adaptability for various professional or commercial uses, with potential to expand café operations or introduce new business ventures.
Total Building Area: The total building area is 174 sqm, with 87 sqm on the upper level and 87 sqm on the lower level.
Investment Highlights:
Strong Income Stream: The 15-year lease agreement delivers a stable annual income of $48,880, representing a solid 7% rental yield. This reliable income stream minimizes investment risk while delivering attractive returns.
Strategic Location: Situated on Queen Street, this property benefits from excellent commercial exposure and high foot traffic, ensuring ongoing business success and increased market appeal.
Proven Business Success: The sustained success of the Yellow Door Café highlights the property's strong market positioning and ability to support profitable retail or hospitality ventures.
Development Potential: With its double-story design and versatile upper floor, the property offers substantial potential for further development or enhancement, making it a valuable asset for long-term growth and investment.
Disclaimer:
Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Key Property Features:
Prime Location: Positioned on the high-traffic Queen Street, this property enjoys superior visibility and accessibility within Warragul’s dynamic precinct, offering strong commercial appeal.
Secure Tenancy: Leased to the well-established Yellow Door Café, the property is secured by a 15-year lease, generating a stable weekly rent of $940, equating to an annual income of $48,880. This long-term lease offers both immediate and future financial stability.
Versatile Upper Level: The upper floor features two flexible office spaces (4.6m x 5m each) and a storage room (3.6m x 4m), providing adaptability for various professional or commercial uses, with potential to expand café operations or introduce new business ventures.
Total Building Area: The total building area is 174 sqm, with 87 sqm on the upper level and 87 sqm on the lower level.
Investment Highlights:
Strong Income Stream: The 15-year lease agreement delivers a stable annual income of $48,880, representing a solid 7% rental yield. This reliable income stream minimizes investment risk while delivering attractive returns.
Strategic Location: Situated on Queen Street, this property benefits from excellent commercial exposure and high foot traffic, ensuring ongoing business success and increased market appeal.
Proven Business Success: The sustained success of the Yellow Door Café highlights the property's strong market positioning and ability to support profitable retail or hospitality ventures.
Development Potential: With its double-story design and versatile upper floor, the property offers substantial potential for further development or enhancement, making it a valuable asset for long-term growth and investment.
Disclaimer:
Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Property ID: 504692168Last Updated: 18 Dec 2024
85 Queen Street
Warragul, VIC 3820
Lifestyle & Acreage Real Estate - PAKENHAMLevel 2/ 198 Henry Rd
PAKENHAM, VIC 3810
PAKENHAM, VIC 3810
