45 Hamilton Street, Gisborne, VIC 3437
- 16
- 3
- 8
Sold
Sold for $2,075,000 on Apr 22, 2024
Exceptional Commercial Investment in the Heart of Gisborne's CBD!
Discover an outstanding commercial opportunity right in the heart of Gisborne's Central Business District. This two-level building is currently securely tenanted with two thriving businesses, offering an annual combined return that exceeds $120,000 per year.
• Two-Level Building Securely Tenanted with Two Established Businesses
• Annual Combined Return Exceeds $120,000 (Plus GST and Outgoings)
• Generous Land Size: 623m²
• Spacious Building. Approximately 426m²
• 8 Onsite Parking Spaces
This property presents an incredible investment opportunity, providing a substantial annual return and the security of two dependable tenants. Whether you're an experienced investor or new to the commercial real estate market, this property offers a sound and reliable investment opportunity.
Located in the bustling heart of Gisborne's CBD, this property benefits from a prime location with high foot traffic and excellent visibility. It's surrounded by a thriving community of businesses, shops, restaurants, and cafes, making it a strategic choice for any commercial venture.
Don't let this fantastic commercial opportunity in Gisborne's CBD pass you by.
Contact us today to arrange a viewing or obtain additional information about this exceptional property.
To view the Depreciation Schedule & Information Memorandum copy & paste the following link - https://vltre.co/e61hPu
*ID required upon inspection.
David Oliver
Licensed Estate Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L514828
- Property Type:House
- Garages:8
- Land Area:623 sqm
We Know Your Area
R&H Suburb Profile: Gisborne
R&H Suburb Summary | Houses |
---|---|
Number of sales | 133 |
Average Price | $1,015,728 |
Median Price | $932,000 |
Median Rental Price | $630 p.w. |
Change in Rental Rate (5yr) | 34 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 30 |
Average Price | $537,930 |
Median Price | $552,500 |
Median Rental Price | $465 p.w. |
Change in Rental Rate (5yr) | 13 % |
Median Trend - $932,000
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