Formally known as the "old Commonwealth Bank Building" on the corner of High and Main Streets in the vibrant North East wine region town of Rutherglen.
The current tenancy is a long standing tenant on a periodic basis and happy to secure a long term lease should the incoming investor wish.
This commercial property boasts a large open retail area, one (1) private office, strong room (bank vault), male and female amenities, lunch/staff room, rear lock-up courtyard and 3-4 car accommodation.
Extra income stream via an annual lease to ATM company NEXT.
Annual rental income: $16,800 per annum + outgoings
Other income: $3,000 per annum
Features
1 bathroom
directions_car3 carspaces
140 m² floor area
crop_free297 m² lot size
cottageApartment
Happy sellers in Rutherglen
84%
sentiment_satisfied
84% of sellers in Rutherglen reported that their sale price either exceeded or met their price expectations.
Rutherglen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 10 reviews in Rutherglen over the last 12 months.
Local market activity for apartments in Rutherglen
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