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Sold
135 Timor Street
Warrnambool VIC 3280
Sold for EOI 25/8/22 at 12pm: $950,000 - $1,000,000
  • 1 Bed
  • 1 Bath
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Inspection

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Inspection

Blue Chip Tenant, Healthy Return

This well-located office building in Warrnambools CBD, represents a high yielding investment with long standing tenant (currently 25 years approx.) federal government backed tenant (Australian Hearing).

Measuring approx. 280m2 it currently nets the landlord $69,401.46 per annum equating to a 6.9 – 7.3% yield (depending on purchase price).

Currently under lease until September 2024 with 2 further 3-year options and fixed 2% annual increases, the building is in good condition with the roof having been replaced approximately 7 years ago.

An investment that’s not only a better return than money in the bank; but better by double!

Sold
135 Timor Street
Warrnambool VIC 3280
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Sold
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  • 2 Bed
  • 1 Bath
  • 2 Car
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Sold
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Mortlake VIC 3272
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