Affordable Commercial Investment on Gippsland's Golden Mile – Yield 5.5% Net

– Absolute quality Commercial investment leased to long term tenant JG King
– Current rent $61,903pa, 3% annual increases, tenant pays 100% of building outgoings
– Leased to 30/09/2022 with 3 further 3 year options
– Building area 500 sqm*, site area 703 sqm*, 20m* frontage
– Zoned Commercial 2
– Incredibly rare opportunity to purchase an investment on Argyle Street (Princes Highway) set amongst major National retailers including Bunnings, Aldi, Officeworks and Harvey Norman
– JG King building more than 1000 homes every year

Property Features