87 Main Street, Koondrook VIC offers a rare investment opportunity with a tenanted shop and retail property. The site includes a general store and takeaway business secured under an attractive 10-year lease that began in 2023. With all outgoings covered by the tenant, this investment provides a hassle-free income stream. Adding further value, the property also features a four-bedroom residence.
Located in a prime position near the Murray River and Gunbower Creek, the setting enhances the appeal for both business and lifestyle. Situated on Koondrooks main street, the general store has been a well-established business and is now under new ownership. Additional features include shedding, carports, ample parking at the rear, and an enclosed backyard.
Investors can expect a monthly rental return of $2,226.82, with annual CPI increases each October, making this an attractive opportunity for long-term growth.
| Property ID | 679811 |
| Last updated | 17 August 2026 |
| Category | Shop & Retail |
| Tenure type | Tenanted |
| Land Area | 1217 m² |
| Floor Area | 133 m² |
| Open Car Spaces | 14 |
| Building Type | Ask agent |
| Annual Return | Ask agent |
| Availability | Tenanted |
