Skip to Main Content

24 Pinnaroo Avenue, Clifton Springs, Vic 3222

24 Pinnaroo Avenue, Clifton Springs, Vic 3222

Retail

  • For Sale
  • $475,000
  • For Sale
  • Under Contract

Affordable Commercial Investment In Growing Community

  • SECURE TENANT
  • FURTHER 10 YEARS IN OPTIONS

  • Land Area
  • 204.00 m² (approx)
  • Floor Area
  • 110 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Aug 02, 2021
  • Return
  • 3.8% P.A.
  • Parking Comments
  • On street parking available
  • Zoning
  • Commercial 1 Zone

Interested in this property? Contact an Agent today

West End Real Estate - Geelong West

73 Pakington Street

Geelong West Vic 3218

Rodney Adams

Affordable Commercial Investment In Growing Community

Great opportunity to secure an affordable retail investment in the ever popular Clifton Springs. This laundromat has a lease until September 2022 with a further 5 x 2 year options and is a sit and forget investment.

* Secured tenant with lease until 21st September 2022
* Current tenant has been operating for almost three years
* Further 5 x 2 year terms
* Current rent $18,200 per annum plus GST plus outgoings
* Rent increases of market review at commencement of new terms and 3% increases annually
* Building area: 110m2 approx
* Land area: 204m2 approx
* Commercial 1 zone

24 Pinnaroo Avenue, Clifton Springs, Vic 3222

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts