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Benalla, 159-161 Bridge Street East Benalla VIC, Benalla, Vic 3672

Benalla, 159-161 Bridge Street East Benalla VIC, Benalla, Vic 3672

Retail Industrial/Warehouse Other

  • For Sale
  • $1,295,000
  • Sale by Negotiation

Fully Leased Freehold Investment with Two Strong Tenants - Benalla (Goulburn Valley of...

  • Approx. 7% Return on Investment
  • Fully Leased by Two Strong Tenants
  • Brand New Building, 500 m from Mc'D, KFC

  • Land Area
  • 1211.00 m² (approx)
  • Floor Area
  • 1,211 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Aug 03, 2020
  • Return
  • 7.0% P.A.
  • Municipality
  • Benalla
  • Zoning
  • Commercial 1 Zone

Additional Details


Interested in this property? Contact an Agent today

National Car Wash Sales - Miami

11/2098 Gold Coast HWY

Miami Qld 4220

Fully Leased Freehold Investment with Two Strong Tenants - Benalla (Goulburn Valley of Victoria) Contact Greg Now - 0418 521 137

Freehold Investment  FOR SALE
159-161 Bridge Street East Benalla, VIC, 3672

TWO TENANTS 
CAR WASH & DRIVE THRU COFFEE 
WITH LONG TERM LEASES 

Land Size:  1'211 m²
 
Asking Price:  $1,295,000 @ 7% RETURN (approx.)     

National Car Wash Sales is delighted to offer a freehold property investment at 159-161 Bridge Street East Benalla, VIC, 3672 for sale. 

Fantastic Investment Opportunity Not to be Missed

Fully Leased Freehold with Strong Yield on Investment is offered for sale in a vibrant Country Town of VIC : 

$1,295,000 

Ideal for an Investor

Prominent Location 

Easy Access from all Directions

Built less than 12 months ago.

Site fully leased by 2 x Strong Tenants:

​1. Car Wash (Owners Retaining the Business) 

Current Rent: $64,000 Plus GST
Lease Term :10 Years (Brand New Lease)
Options: 5 Years + 5 Years + 5 Years 
Outgoing: 2/3 of Outgoings paid by the tenant 
Rental Increases: CPI

2. Drive Thru Coffee

Drive Thru Coffee Shop 

Current Rent: $26,000 Plus GST
Lease Term : 3 Years (expiring 31/08

Benalla, 159-161 Bridge Street East Benalla VIC, Benalla, Vic 3672

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