FOR SALE
$2,100,000

505 Raglan Parade
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 630m2
Land area: 1012m2
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7% RETURN - SAFE & SECURE COMMERCIAL INVESTMENT

Central Highway Office Freehold - WARRNAMBOOL
* SECURELY LET * 3 TENANTS * 10 YEAR LEASE TO ANCHOR TENANT
* TOTAL RENTAL $147,300
* Net of statutory outgoings
* 7% NET RETURN
* Substantial, predominantly single level building, built in 1988
* 6 ground level car parks plus 6 basement level car parks
* Originally built as 5 independent serviced office suites
This is a very appealing investment with sound proven tenants in keenly sought location.
Information Memorandum available on request.
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Property Details for 505 Raglan Pde, Warrnambool

Building Type
Commercial
Floor Size
630m2
Land Size
1012m2

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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.

Warrnambool has 19,121 properties.

    There are currently 173 properties listed for sale, and 55 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 676 properties were sold in the past 12 months in Warrnambool.

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    Wilsons Warrnambool & District Real Estate
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