Located in the main street of the popular and vibrant town of Terang in Victoria's South-West - on the Princes Highway 212 kilometres south-west of Melbourne and 45 kilometres from Warrnambool, is this entry-level opportunity to purchase a commercial freehold property. Currently the home of Leehane's Country Meats - the town's only dedicated butcher store - which has a lease in place until June 2031, with a further 5-year option after that. At the price of $172,500 - this offers a net return of 8% on the current rental of $13,801.07, plus the tenant pays outgoings.
Disclaimer:
For Statement of Information & Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.
