Historic Character & Strong Rent Return

$475,000 - $499,000

27-29 Neill Street

Beaufort VIC 3373

Offices

FOR SALE

336m2

    • Floorplans View Floorplan
Ideal for Investment or Development this Historic former Garage is on a double fronted block of around half acre with adjacent vacant land ready to increase your rental or business exposure. Fronting the busy Western Highway, the Historic Faade has a character that captures the eye of travelers and draws patrons into this busy, popular Skinny Sisters Caf restaurant ensuring investors have a steady income stream. The 3+3+3 year lease currently returns $22,880 p.a. with fixed 3% annual increases. Two separate lots on title ensures the property would be ideal for future development so an astute investor or a business owner wanting to grow & expand in the growing township of Beaufort close to the Grampians & Pyrenees winery & tourist region. The unique, charming building around 336 sq.m. set on 2,024 sq.m. of land comprises a large dining room, good size commercial kitchen with pizza oven, dry store pantry, large cool room, separate office, kids corner, wood heater, modern rest room facilities, outside courtyard area, ample parking and high exposure to passing traffic. Contact appointed agents for more information.