32 and 32A Aitken St, GISBORNE, 3437, Victoria

  • 410sqm
24222861.full

Subject: 32 and 32A Aitken St, GISBORNE, 3437, Victoria

Auctioned

Auctioned

COMMERCIAL OPPORTUNITY IN VIBRANT TOWNSHIP!

Property ID: 19492952

High profile building with two street frontages, side access, and ample parking in prominent location. These outstanding buildings, on one title, are being offered for sale for the first time since 1947, and offer an investment, occupy opportunity, or add value proposition. Aitken Street and Heritage Way both have 20 metre frontages approx. Zoned Commercial 1 Zone. Building including garage 410m2 approx with land size 870m2 approx. Current rental returns of $72,545pa inclusive of GST plus outgoings. Purchase this site in one of the fastest growing regional towns, only 45mins from Melbourne CBD.

Building / Floor Area410 sqm
TenantedNo

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R&H Suburb SummaryHouses
Number of sales 129
Average Price $670,705
Median Price $650,000
Median Rental Price $440 p.w.
Change in Rental Rate (5yr) 22 %
R&H Suburb SummaryUnits
Number of sales 34
Average Price $438,691
Median Price $450,000
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) 18 %
Gisborne, VIC - Median Trend
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