TWO THIRDS LEASED KYNETON VIC (CBD) INVESTMENT WITH UPSIDE - A TRULY UNIQUE ONCE IN A LIFETIME INVESTMENT OPPORTUNITY NOT TO BE MISSED.
• THREE HIGH STREET FRONTAGE SHOPS PLUS RESIDENCE
• FUTURE SUBDIVISION/CONVERSION POTENTIAL (STAA)
• CURRENT INCOME OF APPROX $40,000 + INCREASES
• COMMUTABLE DISTANCE TO MELBOURNE AND AIRPORT VIA THE CALDER FREEWAY OR V-LINE TRAIN
Land Area: 820+ m² (approx.)
Located approximately 85 kms from Melbourne in Central Victoria Kyneton is a thriving country town. Situated between Mollison and Welsh Streets, in the heart of Kyneton's "Mid-town", less than 250 metres from Woolworths, IGA and amongst Kyneton’s premier Café and dinning precinct is 24-26 High Street Kyneton.
Ground floor (part 1) and first floor tenancy leased to “The Framing Gallery” - servicing both retail and wholesale clientele throughout Kyneton and the surrounding district. First and ground floor accommodation consisting of a self-contained 3 bedroom residence including kitchen, lounge, rear court yard area and rear access via laneway and private car park.
Ground floor (part 2) occupied by Kyneton Florist, with great open-plan retail shop fit-out.
Remaining ground floor (part 3) currently unoccupied would suit hairdresser or similar.
Combined current rental income of approx $40,000* per annum.
The total building area is approx 700sqm. This includes ground floor, first floor and storage areas.
Buildings in the rear that include car park area.
OPEN FOR INSPECTION:
Darren Hard 0438 756 231
- Separate Living Unit
- Entrance Hall
- Formal Entry
- Open Fireplace
- High Ceilings
- Air Conditioning