Property No: 3013894

16,18, 20 Jarrah St, Wodonga, VIC 3690

Commercial Shop, Office Suite, Retail Shop 12
$389,000 GST Exempt
16,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 369016,18, 20 Jarrah St, Wodonga, VIC 3690

Flexible Entry Level Commercial Investment Opportunity

* This flexible investment property offers three separate commercial freehold premises comprising of mixed uses and each on separate Torrens titles.
* Premises No. 16 is currently leased to a long-term hairdressing business of over 20 years standing, returning $9,100 pa.
* Premises No. 18 is currently leased as an office returning $9,360 pa, and;
* Premises No. 20 is currently leased as a take-away foods shop, returning $11,810 pa.
* Total gross income returning $30,270 pa, with scope to improve.
* This long standing suburban commercial strip offers an excellent gross rental yield.
* Situated on the corner of Jarrah and Lowannah Streets, this site offers ample street parking for customers and clientele from both street frontages.
* Side access to rear yards is also available from Lowannah Street
* Located in Wodonga’s Pearce Street precinct within the growing surrounding suburban belt of the southern areas of Wodonga.
* The food and hairdressing shops capture a wide range of customers and clientele.
* These well-established shops offer an entry level commercial investment with the added flexibility for the owner to occupy one of the premises whilst continuing to derive income from the other two.
* Total land area: 363.20 sqm
* Premises No.16 – 120.3 sqm
* Premises No.18 – 118.3 sqm
* Premises No. 20 – 124.6 sqm
* For further information contact James Veneris at Georgette Nehme Real Estate on 02 6040 0408 or email: sales@georgettenehme.com

Property:Commercial Shop
Office Suite
Retail Shop
Parking:12
Land Size:363 Sqm
Total Building Area:200m²
Council:Rural City of Wodonga
Open for Inspection Times:

By Appointment - Contact Agent.

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Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.