Perfectly situated in a central and highly visible Yackandandah main street location, this combined commercial and residential freehold opportunity is set on an approximate 1025sqm allotment and comprises two separate, fully leased, retail premises with established and respected businesses, and a separate, private, three-bedroom, one-bathroom home with side access.
Situated in one of North-East Victoria's most popular and iconic towns and communities, this multi-let property is a must see for investors seeking to secure a well maintained, commercial and residential freehold opportunity, currently comprising:
24 High Street - Leased to The Yack Store / Newsagency this retail space offers expansive street frontage and display windows, approx. 147sqm of retail floorspace, storeroom, and an office. A recently installed split system has been fitted, and there is a shared toilet to the rear. Annual CPI increases apply.
24A High Street Leased to Diving Beryl Grocer and Caf and offering approx. 64sqm of retail floor space, this property includes prominent street frontage and window, kitchenette, a split system air-conditioner, undercover front verandah, and a rear toilet. Annual 4% fixed increases apply.
24B High Street Nestled in a prime, central location, this recently updated residence perfectly balances privacy, space, charm, and modern comfort with immediate and easy access to all local popular cafes, shops, and conveniences.
The tiled kitchen includes gas cooking, excellent meal preparation areas, and plenty of storage. Adjacent to the kitchen, the dining area includes a ceiling fan, heater, and air conditioner. The separate carpeted lounge is spacious and includes a split-system air conditioner, wood combustion heater, and sliding door access to the undercover verandah.
The primary king-sized bedroom includes a built-in robe and ceiling fan. The second bedroom is queen-sized with a built-in robe and additional storage, and the third bedroom is double-sized. A versatile study or fourth bedroom offers additional flexibility. Each of the bedrooms are carpeted.
The bathroom features a shower, bath, vanity, and a separate toilet. A separate laundry is tiled and includes extra storage space along with a trough.
Outside, the residence offers a generous garden, storage shed, and multiple undercover areas. Electric hot water is installed. Annual residential rent reviews apply.
Total current combined income for these properties is $73,606.68, making it a potential ideal investment for individual investors, SMSF Trustees, and all seeking to secure a prominent commercial and retail investment in one of North East Victoria's most sought-after communities.
For more information or to arrange an inspection, contact Jamie Horne on 0438 280 867 or Jaqui Ward on 0457 883 295
