HIGH EXPOSURE COMMERCIAL & RESIDENTIAL INVESTMENT WITH MULTIPLE INCOME STREAMS
97 Vincent Street, Daylesford VIC 3460
EOI 02/05/24
RetailSize: n/a
Block size: 1150 m² approx.
Gross Waddell ICR in conjunction with Atria Real Estate are delighted to offer to the market this versatile investment opportunity with value-add potential (STCA), located in the heart of historic Daylesford, one of Australia's most popular tourists towns.
Sale highlights include:
- Generating a substantial income stream of $216,674.21 pa* (estimated net income of $156,303.26pa*) - 3 tenancies across 4 titles with a total building area of 516sqm* & on-site parking - Highly reputable commercial tenants including Bendigo Bank & Daylesford Brewing Co - Luxury-led 5 bedroom/4-bathroom residential property yielding short term stay rental with ability to occupy - Large Commercial 1 (C1Z) zone landholding of 1,150sqm* - Featuring frontage to Vincent Street of 25.6m* plus rear R.O.W. - Potential for redevelopment (STCA) - Gateway location at the start of Daylesford's buzzing retail & hospitality precinct. - Daylesford region attracts over 1.7 million night stays per annum (source: Daylesford Macedon Tourism) - With surrounding 56-bedroom houses achieving upwards of $2mil+ (source: REA)
The property is for Sale via Expressions of Interest closing Thursday 2nd May 2024 at 3pm.
For further information, contact to the exclusive sales agents:
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.