20 & 20A Melville Street, Numurkah VIC 3636

For Sale $460,000 - $500,000

DUAL INCOME COMMERCIAL INVESTMENT

Situated in a prominent position in the main street and providing 2 income streams this property presents as a superb investment opportunity.

Currently housing the Commonwealth Bank Australia on the ground floor.

Property also includes a separately leased 3 bedroom fully self contained 2nd floor residence.

This property also has rear laneway access and on-site car parking.

Ground Floor - Securely leased to the CBA with a current return of approximately $22,584 PA

Second Floor - This separate residential lease returns $9360 PA

Combined annual return of approximately $31,944

(Plus a contribution to outgoings from the bank)

This property presents in excellent condition and the owners have been very diligent with maintenance and improvements in recent years.

The CBA originally built this building and have been in occupation ever since. This would be a welcome addition to your investment portfolio and we recommend your inspection.

Freehold Price $460,000 to $500,000

Make enquiry

This property is proudly listed by:

First National Real Estate Maurice McNamara & Co 56 Melville Street
Numurkah VIC 3636

Open for Inspection

By Appointment

Additional information

Property Type Other
Property ID 41641120037
Price $460,000 - $500,000