Kilmore74 Sydney Street

Kilmore74 Sydney Street

Substantial Main Road Freehold Investment | Future Uplift | Surrounded By Prominent Retailers | 8% Net Return

* Fully leased, returning $99,428 per annum net
* Land rich 907 sqm Commercial 1 zoned site, with wide 28.2 metre main road frontage
* Substantial 668 sqm (approx) building, solid double brick and bluestone construction
* Ground level offices ("Kilmore Professional Centre"), lower level, fully furnished 3 bedroom refurbished apartment and additional storage
* Upper level and unused 257 sqm space - raise the roof for additional offices or residential, increase your return (subject to permit)
* 6 x fully leased offices, ANZ and Westpac ATM's
* 3 bedroom apartment currently used for Airbnb. Maintain as is, or permanent rent for $295 per week (median apartment rental for Kilmore)
* Main Street of Kilmore, near new Coles anchored shopping centre, several other retail developments with national retailers nearby
* High population growth region, 60 kilometres north of the Melbourne CBD

Contact Agent

Richard Impiombato

03 9817 6222


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Property Information

  • Building Size 668 Sqm