FOR SALE
$699,000 (Going Concern)

20 Rutherglen Road
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 290m2
Land area: 755m2
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Stellar Investment Opportunity!

Harcourts Warragul are delighted to present 18-20 Rutherglen Rd Newborough For Sale.
A unique opportunity to purchase a fully tenanted dual income investment with a commercial premises at the front and a residence at the rear, providing the best of both worlds for the discerning investor. Located within the tightly held Rutherglen Rd retail precinct and positioned on 755sqm* of mixed use land, the key highlights include:
COMMERCIAL TENANCY
- Total floor area 157sqm*
- Excellent street appeal
- Two entrances
- Bifold windows along the front
- Three toilets (two on main level and one upstairs)
- Previously used as a café, and with commercial kitchen still in place
- Upstairs mezzanine and office
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Property Details for 20 Rutherglen Rd, Newborough

Building Type
Commercial
Floor Size
290m2
Land Size
755m2

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About Newborough 3825

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.

Newborough has 3,958 properties.

    There are currently 32 properties listed for sale, and 1 property listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Newborough.

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    Marino Perioris
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