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76B The Terrace, OCEAN GROVE, VIC, 3226

2. Property Highlights

OUTSTANDING INVESTMENT OPPORTUNITY
  • AAA TENANT & LOCATION
  • TRIPLE NET LEASE TO COMMONWEALTH BANK
  • 10m+ FRONTAGE OPPOSITE COLES

AUCTION | Friday 28th April at 12pm, onsite.

Darcy Jarman is pleased to offer this blue chip freehold investment, positioned in one of the most tightly held retail strips in the Bellarine.

Property Investment Features:

- Triple net lease to Commonwealth Bank

- Income: $86,357pa net plus GST and outgoings, including Land Tax

- Attractive investment proposition underpinned by potential 50% stamp duty concessions

- 245m2* of prized Commercial 1 zoned land

- 186m2* of quality building with over 10m of street frontage

- Long standing tenant of over 30 years in the premise

- Excellent exposure with over 10m of frontage, directly opposite Coles Supermarket and Home Timber & Hardware

*Approx.

Inspections are via appointment only, to arrange please contact the below agent

Remember to mention you found this property on CommercialReady

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3. Property Location

76B The Terrace, OCEAN GROVE, VIC, 3226

Property Map

4. Due Diligence

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Site Report Available

  • Site Summary
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  • Surrounding Amenity
76B The Terrace, OCEAN GROVE, VIC, 3226 Ocean Grove
Darcy Jarman
Darcy Jarman
Level 1, 89 West Fyans Street, Newtown VIC 3220
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