29 Browning Street, Orbost VIC 3888

Here is a great opportunity to start your property portfolio or add to your existing investment portfolio. This large large home which is commercially zoned property sits on a 1194m allotment and is located right in the heart of Orbost, directly next to the Police Station and Court House. The home has been converted to offices and is currently tenanted by a Victorian State Government client, with a secure lease in place for the next two years, with another three-year option.

The well-maintained brick building on the site has been configured with four consultancy rooms, a large open office space with enough room for five workstations and storage cabinets, a large kitchen/lunchroom and two bathrooms. The building has two separate front entries which provides the possibility of two tenancies operating from the site, each with its own bathroom, and with the kitchen attached to either tenancy (or shared).

A large yard with a children's playground, vegetable garden and outdoor seating area sits behind the current building and a small storage shed is located alongside. There is ample off-street parking for staff and clients, with the carpark able to accommodate up to 18 cars.

This is a great opportunity to purchase a secure investment with a reliable long-term tenant set and forget! Going forward, the new owner may have the opportunity to better utilise the current fit-out to accommodate two or more tenants or even extend the current building on this large site (STCA).

Orbost is a thriving Regional town with a Regional hospital, medical centre and health facilities as well as an aged care home and retirement village. There are a variety of government departments such as DWELP, Parks, Vicroads, Centrelink, Medicare, Ambulance service, water department, Gas works and a Shire Depot and a large Secondary college and primary schools. This can also create a demand for commercial offices. Orbost is approximately a four and a half hour drive from Melbourne or Canberra.

Please view our Virtual Tour and contact Richard Ivey on 0401 113 310 for more information.