$295,000

2 Edwards Street, Wangaratta VIC 3677

379 m²

190 m²

$295,000

2 Edwards Street, Wangaratta VIC 3677

379 m²

190 m²

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Rare Commercial Opportunity with secure leases

This mainstay Wangaratta commercial property is the home of two longstanding and iconic locally owned businesses: The Edwards Street General Store and Edwards Street Quality Meats, each of which are currently in secure leases, and presents a rare opportunity to acquire commercial freehold in the West End of Wangaratta.
Located on the main Wangaratta- Yarrawonga Road - a key arterial road linking many new and existing housing estates with the CBD of Wangaratta, and situated 200 meters from Wangaratta High School and 500 meters from Galen Catholic College – 2 Edwards Street presents a rare opportunity to acquire commercial freehold in a high traffic flow area of West Wangaratta.
This is an exciting opportunity for an investor, or a prospective owner-operator with 2 secure leases in place.

Key features:-
• Single freehold title
• Two longstanding tenancies
• Tenant 1: Edwards Street General Store (milk bar, grocery, coffee and takeaway) - approx. 130m2 (includes store room)
• Tenant 2: Edwards Street Quality Meats (butchery) - approx. 58m2
• High traffic exposure
• Approximate 7% gross rental return
Contact Angelo Pomponio or Jonathan Green for further information.

Disclaimer

Disclaimer:
The information contained herein is intended as a guide only and no guarantee is provided as to its accuracy. This content is provided using information obtained through sources deemed reliable including knowledge of the local area. Insite Real Estate accepts no responsibility for direct, indirect, incidental or consequential damages resulting from any errors, inaccuracies or omissions.
For more information please see buyer due diligence checklist available the view agent price guide in Other.
Alternatively you can copy this link into a web browser: https://www.consumer.vic.gov.au/duediligencechecklist

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