72 Church Street, Grovedale, Vic 3216

Exceptional Investment Opportunity in Prime Location!
Maximize Your Returns!
Discover unparalleled investment security with this high-yield, fixed long-term lease situated in a prominent location. 

Your future earnings are assured, with the benefits of the commercial lease to maximize your net yield and reduce running costs with an annual return of approximately $39,000/pa and fixed annual increases.   

The property includes a well-established milk bar with a freshly painted roof and veranda, and adjoining accommodation (newly painted) encompassing a three-bedroom residence with 2.7m ceilings, 1 bathroom, a laundry, and a communal kitchen with electric stove and near new rangehood and living/dining area equipped with a near new 8kw RC/AC unit. Additionally, there is off-street parking and a single lock-up garage.

Located centrally in Grovedale on a prime residential corner allotment of approx 656m, this property promises substantial future capital growth and improvement potential, making it a standout investment.

Key Features:
Long Term Tenant 5+5+5 Year Lease (New)
Suburban Milk Bar & Onsite Accommodation
Ideal for Self-Managed Super Funds (S.M.S.F.'s)
Rental Income: $39,000 per annum (approx.)
Fixed Annual Rental Increases
Building Area: 239m² (approx.)
Land Area: 656m² (approx.)
Onsite Parking

For more information or to arrange an inspection, please contact: 
Yan Lin at 0433 841 513 or Matthew Roberts at 0488 616 754.

*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle 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 this property.