Attention 7.5% Yield Buyers – Prized Entry Level CBD Freehold

Description

Burgess Rawson from CBRE, in conjunction with LMB Livestock & Land, are pleased to offer the ‘Williams Building’ located at 95, 97 & 99 Gray Street & 1/84 Thompson Street – Suite B, C & D First floor Thompson Street, Hamilton VIC for sale via Private Treaty.

This property has the following key investment highlights:

+ Affordable, entry level fully leased freehold.
+ Long proven tenancy mix comprising dental business, architect office, and retail providing diversified income streams.
+ Prime 525sqm* dual level retail complex on main retail strip with important 29m* combined street frontage to Gray Street and Thompson Street.
+ Significant 569sqm* freehold corner site with favourable ‘Commercial 1’ land zoning.
+ Position perfect with Coles, Woolworths, ALDI, IGA, Kmart, Cheap as Chips, Harvey Norman, McDonald’s, KFC, Reece Plumbing, Mitre 10, Repco and various major car dealerships all within 700 metres*.
+ Surrounded by important social infrastructure, including Hamilton Base Hospital, Hamilton Station and 3 schools within 3km servicing over 2,168 full time students.**
+ Majority net leases with tenants paying usual outgoings (excluding land tax & insurance) as per the leases.
+ Annual CPI reviews across all tenancies.
+ Valuable 3 on-title car spaces.
+ Hamilton: The main retail and service centre within the South Grampians Shire, servicing a trade catchment of over 20,000 people.
+ Potential 50% stamp duty savings.
+ Net Income: $89,155 pa* + GST

For Sale by Private Treaty

*Approx
**Gapmaps

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
David Napoleone Senior Sales Executive
0417 308 067
Enquiry Form

Hamilton, VIC

95-99 Gray Street

For Sale

This property is part of Portfolio 180

Price: Contact Agent

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