2/41 Smith Street, Warragul VIC 3820

For Sale Contact Agent

Retail

Secure Income. Strong Growth. Prime Position. Right Here in Warragul.

THIS INVESTMENT LOOKS LIKE
Positioned within one of Gippsland’s most established commercial centres, this securely leased investment offers reliable income, strong lease terms, and a prominent Smith Street location. Leased to Space Carpet Court through to December 2029, it’s the kind of opportunity that combines immediate returns with long-term confidence in the heart of Warragul.

PROPERTY HIGHLIGHTS
> Prominent commercial investment in the heart of Warragul
> Securely leased to Space Carpet Court
> Current net rental income of $93,600.80 p.a. + GST + Outgoings
> Six-year lease term extending through to December 2029
> Fixed annual rental increases of 4% providing strong ongoing rental growth
> Established tenant operating within the Carpet Court network
> High-profile Smith Street location with excellent exposure
> Positioned within Warragul’s thriving commercial precinct
> Onsite car parking and convenient rear laneway access

ON THE INVESTMENT
Leased to Space Carpet Court under a six-year term extending through to December 2029, this investment offers a strong combination of income security and built-in rental growth.

Returning a current net rental income of $93,600.80 per annum plus GST and outgoings, the lease benefits from fixed annual rental increases of 4%, providing investors with consistent income growth throughout the term.

With an established tenant, secure lease profile, and prominent position within Warragul’s commercial centre, Shop 2 presents an attractive opportunity for investors seeking dependable returns from a well-located regional commercial asset.

ON THE AREA
Warragul continues to attract strong business investment, population growth, and consumer spending, making it one of regional Victoria’s most sought-after commercial markets. Located in the bustling heart of the CBD, Smith Street is home to familiar faces, established businesses, and consistent pedestrian activity.

If you’re looking for secure income, strong rental growth, and a quality commercial investment right here in Warragul, get in touch with Wilson Property today.