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Sold! $831,000

10% RETURN - NEW 5 YEAR LEASE

27 Oroya Street, South Boulder

  • 2118 Square metres
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  • 27 Oroya Street, South Boulder
  • 27 Oroya Street, South Boulder
  • 27 Oroya Street, South Boulder
  • 27 Oroya Street, South Boulder
  • 27 Oroya Street, South Boulder
  • 27 Oroya Street, South Boulder

27 Oroya Street, South Boulder is a fantastic commercial offering, and John Matthew & Sons are pleased to be marketing this property 'For Sale' on behalf of our client. Located one property back from the corner of Oroya Street & Waverley Street, the asset has recently been Leased on a 5 year term due to begin 1/7/24.

27 Oroya Street is offering investor a return of 10% based on the rent of $84,000pa+GST+Outgoings due to commence shortly.
A return this strong is very rare in the current market which will see this property in high demand.

Property Features:

- Zoned 'General Industry' under Local Planning Scheme No 2
- 2,118sqm* Lot
- 378sqm* Workshop (including two evaporative air conditioners)
- 72sqm* Lean-to
- 85sqm* Office & Amenities

Asking Price: $840,000 (Going Concern)

2023/24 Council Rates: $5,871.50
2023/24 Water Rates: $296.00

Contact the exclusive Selling Representatives Daniel Lavery (0411174452 - [email protected]) and James Brennan (0434 967 357 - [email protected]) to secure this property today.

* Measurements are approximate only

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