Positioned in the heart of the thriving country township of Penshurst, this is an outstanding opportunity to secure a well-established commercial freehold investment, offered for sale by Auction.
The property is currently leased and operating as the Penshurst Milk Bar, a long-standing local business providing takeaway meals, newspapers, convenience groceries and everyday essentials to the community. Also included is a comfortable three-bedroom residence, leased as part of the tenancy. The property is on 4 lots, offering numerous options to purchasers.
With a secure lease of 15 years already in place and a strong rental return of $50,000 p.a, this is an ideal investment for those seeking reliable regional income. Lease details and financial information are available upon request.
Penshurst is perfectly positioned in the heart of Victoria's renowned South West, offering easy access to some of the state's most popular destinations. Located approximately 50 minutes from Warrnambool and the Great Ocean Road, 40 minutes from Port Fairy, 30 minutes from the Grampians National Park, and just 25 minutes from Hamilton for major shopping, healthcare and essential services, the township continues to benefit from both local trade and passing visitors.
Auction
***Unless Sold Prior***
Tuesday, 1 September 2026 at 11:00am on site