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Floorplan Show all photos

Sold

78 Main Road,
Riddells Creek 3431, Victoria

215m² land size
105m² building size
Retail

$553,000

Property details

Golden Passive Investment Opportunity

Forget chasing meager Residential returns. Instead set yourself up in Retail. Now is your chance to secure an affordable premises in the heart of the Township. Main street exposure and walking distance to all amenities.This long standing tenant will provide secure income to those wanting a "set and forget" investment.


Highlighting the main features;
*$21,606 p.a rental amount
* New 3 year lease July 2025 with 3 x 3 options.
*3% fixed yearly increases
*Outgoings paid by Tenant
*105 sqm Building ( approx)
*215 sqm ( approx ) land
* Front and rear loading via common area driveway
* Potential floor area expansion ( s.t.c.a.)


An Important factor to consider is that vacancies are a rare occurrence and the property is positioned in literally the centre of the Township and has been a cafe for many, many years!
Boasting a strong yield , this Commercial Investment is one to secure long before considering Residential risks. Screaming affordability, inquire now for all information.



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In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.

We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information

http://www.consumer.vic.gov.au/duediligencechecklist

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.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

  • Riddells Creek Primary School Primary Prep-6 Government 0.38km
  • Red Rock Christian College Combined Prep-12 Independent 6.8km
  • Global Village Learning Combined Prep-11 Independent 6.8km
  • Bolinda Primary School Primary Prep-6 Government 6.9km
  • Holy Cross Primary School Primary Prep-6 Catholic 7.0km

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.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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