Shop & Residence Investment Combination | Circa 6.2 % Yield

SOLD

47 Girgarre Street

Broadmeadows VIC 3047

Retail

FOR SALE

166m2

    • Floorplans View Floorplan
Ray White Commercial proudly presents an outstanding opportunity to secure a shop and 3 bedroom residence with a long lease.
Zoned Residential will be to the investors benefit with stronger lending capabilities and interest rates at an all-time low makes this investment a smart choice.

On offer is a large allotment of 581m2 complete with off street car parking, shop front, 3 bedroom residence and a large shed to rear of the property.
This property will continue to grow with strong 5% annual increases in the rental along with the tenant paying all outgoings on a commercial lease.

• Land Area | 581m2 approx
• Returns $24,675 PA Net
• Lease 5 + 5 years
• 5% Increases Annually