Sold

139-141 High Street,
Ararat 3377, Victoria

1,935m² land size
840m² building size
Showrooms/Bulky Goods

$1,025,000


Property details

2 Commercial Rental Investments in One

For Sale. Two recently constructed, large Commercial Buildings with Western Highway frontage, one securely leased to a reputable tenant and the other vacant & ready to occupy. These two Impressive buildings incorporating, glass fronted Showroom & window display areas, Offices, Warehouse, car parking and completely set up with nothing to do except enjoy your rental returns.
Property features:
139 High Street: Large 32x15x6m steel building = 480 sq.m.
Leased to Lawrence & Hanson, Electrical Specialists.
Term: 3 years, Rent: $33,319.80 pa. approx.
141 High Street: Spacious 24x15x6m steel building = 360 sq.m.
Proposed Lease amount: $30,000 pa. (Currently Unoccupied as Vendor recently vacated).
Potential Return $63,319.80 pa. = 6.1-6.7% return.
Note to Investors: 141 High St is currently For Lease and already has strong interest from prospective tenants so could be leased soon.
Both properties feature large Showroom & Warehouse areas, modern air conditioned Offices, ample Storage including Mezzanine. The modern fit-out incorporate a suspended acoustic panel ceiling, commercial coat paint & square carpet tile floor coverings, cassette split system air conditioning, 3 phase power, disabled unisex toilet, reception sales counter, staff lunch meeting room with kitchen & amenities, awning verandah, gas hot water unit, high bay LED lighting, fantastic access via two x 5.5m high auto remote operated roller doors front & back, 16 car parks including disabled, rear parking & storage area and fully concreted hard stand & car parks for extremely low maintenance.
All this property is offered For Sale for the first time as the owner has recently vacated making it perfect timing for you to set up or expand your business in impressive premises with high profile Western Highway frontage.
Be very quick to enquire & secure this very rare Commercial Investment Property.
Contact Phil Clark on M: 0417 509 025.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

  • St Mary's School Primary Prep-6 Catholic 0.42km
  • Ararat Primary School Primary Prep-6 Government 0.64km
  • Ararat North Primary School Primary Prep-6 Government 1.1km
  • Ararat West Primary School Primary Prep-6 Government 2.2km
  • Moyston Primary School Primary Prep-6 Government 15.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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