$2,000,000 - $2,200,0002145-2151 Point Nepean Road
2145-2151 Point Nepean RoadRye VIC 3941
Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 153m2
Land area: 635m2
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Rye - Commercial Landmark Property
Basso Real Estate is excited to offer to the market one of the finest Rye investment opportunities.
2145-2151 Point Nepean Road, Rye offers a securely leased beachside commercial property on a substantial allotment, situated in the heart of Rye and only metres from the famed Rye Beach and Pier.
The property has the following investment highlights:
* Long 5-year lease to 2027 plus two further options (3 years and 6 months plus a further 5 years)
* Net income: $50,0196.44 p.a. + GST
* Tenant: Rye Produce Store and Nursery (longstanding tenant)
* Landmark premises of 153 sqm
* Generous corner site with a land area of 635 sqm (with rear access) with over 48 metres of road frontage
* Tenants paying usual outgoings
* Fixed 3.0% annual rent increases
See MoreProperty Details for 2145-2151 Point Nepean Rd, Rye
Building Type
Commercial
Floor Size
153m2
Land Size
635m2
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