83 Princes Highway, Yarragon VIC 3823

Prime Investment Opportunity with Leaseback Option in Yarragon

This modern commercial building, constructed in 2018, presents a unique investment opportunity in the heart of Yarragon Township. With the owners offering to lease back all three spaces for 12 months, this is an ideal option for investors seeking immediate rental income.

Key Features:
Residential Space Upstairs (325m²):

A luxurious 3-bedroom, 2.5-bathroom apartment, featuring:
Master Suite with a spa ensuite, walk-in shower, and double vanity.
Modern Kitchen equipped with Smeg appliances, stone benchtops, and custom cabinetry.
Multiple Living Areas including a gas log fireplace and office nook.
Outdoor Balcony with ample space for relaxation and entertainment.

Versatile Commercial Space (Ground Floor):
Shop 1: Fully equipped restaurant with a commercial kitchen, cool room, and bi-fold servery windows. Liquor license for up to 50 patrons and outdoor dining on the veranda.
Shop 2: A flexible retail space with its own separate entrance, ideal for a variety of businesses.
Additional amenities include a lift well to the residence, private yard, and a spacious shed.

Investment Opportunity:
This property offers immediate income potential with a 12-month leaseback option from the owners, making it an attractive choice for investors. Whether you're looking to run a restaurant, retail space, or a mix of both, this property offers flexibility and prime positioning in Yarragon's bustling commercial zone. Total outgoings for the whole building $9042 p.a

Location Benefits:
Yarragon is a popular tourist destination in the Gippsland region, known for its charm and steady foot traffic from visitors and locals. The township offers lower operating costs and a supportive community, providing an ideal environment for new or expanding businesses.

Don't miss out on this rare opportunity!

Contact Jackie Shearer at 0437 966 769 or [email protected] for further details or to arrange an inspection.