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  • 45 Hamilton Street, GISBORNE, VIC 3437

45 Hamilton Street, Gisborne, VIC 3437

  • 16 Bed
  • 3 Bath
  • 8garages

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.

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avatar David Oliver
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 SummaryHouses
Number of sales147
Average Price$965,701
Median Price$905,000
Median Rental Price$630 p.w.
Change in Rental Rate (5yr)33 %
R&H Suburb SummaryUnits
Number of sales24
Average Price$533,646
Median Price$550,000
Median Rental Price$500 p.w.
Change in Rental Rate (5yr)22 %
Median Trend - $905,000
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Raine & Horne Corporate Partners