Auctioned
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 Area | 410 sqm |
| Tenanted | No |
https://www.raineandhorne.com.au/gisborne
Phone 03 5428 4007
Fax 03 5428 2025
Learn more about Gisborne
| 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 % |
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