11 Norton Street


Property Features

Property ID: 3254509

Collect and forget investment

First time offered for sale in 20 years, this commercial investment is located in central Wangaratta in a high traffic area. The property has a strong rental history and is currently occupied on a 2 x 2 year lease. The building has ducted evaporative cooling plus a split system, kitchenette, office, workshop and storeroom. Off-street parking for four vehicles, plus side access to the rear of the property. Current tenant paying $275 plus gst per week, as well as all outgoings. Secure lease until September 1, 2019 with a further two year option. Mixed use zoning.
(Adjoining property at 13 Norton Street returning $275 plus gst per week is also for sale - asking price for both properties $645,000 including gst).