154 Argyle Street,
Traralgon
Sold1 of 19Affordable Commercial Investment on Gippsland's Golden Mile – Yield 5.5% Net
Showrooms/Bulky Goods
500m2 FLOOR|703m2 LAND
Sold - $1,275,000
- Absolute quality Commercial investment leased to long term tenant JG King
- Current rent $61,903pa, 3% annual increases, tenant pays 100% of building outgoings
- Leased to 30/09/2022 with 3 further 3 year options
- Building area 500 sqm*, site area 703 sqm*, 20m* frontage
- Zoned Commercial 2
- Incredibly rare opportunity to purchase an investment on Argyle Street (Princes Highway) set amongst major National retailers including Bunnings, Aldi, Officeworks and Harvey Norman
- JG King building more than 1000 homes every year
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