20 & 20A Melville Street, Numurkah VIC 3636

For Sale $465,000-

  • 3 Bed
  • 1 Bath
  • 3 Car

BLUE RIBBON COMMERCIAL INVESTMENT

Current Commonwealth Bank Australia building in Numurkah which also includes a separately leased 3 bedroom fully self contained 2nd floor residence.

Situated in a prominent position in the main street this 2 storey property also has rear laneway access and on-site car parking.

- Securely leased to the CBA with a current return of approximately $25,594 PA

- The Separate Residential lease returns $9,880 PA

- Combined annual return of approximately $35,774 PA

(Plus a contribution to outgoings)

Which equates to a gross return in excess of 7%

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

This would be a welcome addition to your investment portfolio and we recommend your inspection.

Freehold Price $460,000 to $500,000

Make enquiry

MORTGAGE CALCULATOR




  

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 House
Property ID 11641100764
Price $465,000-