Price Undisclosed
1 Bed • 1 Bath • 0 Car • 1076m²
New
Sold
Sold
79 81 Main Street, Rutherglen VIC 3685
Price Undisclosed
- 1Bed
- 1Bath
- 0 Car
- 1076m²
Other Sold on Mon 29 Nov, 2021
What's around Main Street
Other description
“Central Commercial Freehold - Multiple Usage options - First time for sale in 28 years”
Rutherglen Main Street Freehold
Potential to develop further 2 retail/offices/businesses
Wine bar/Cellar door/Professional rooms/Retail outlet/ etc etc
On of the largest commercial sites in the main street of Rutherglen
Dual street frontages
22m Frontage to Rutherglen's Main Street
1076m2 Allotment with rear lane and road access to the business freehold
Change the front to create more doors and create a whole new look
With the potential to divide the shop the current business can be reduced in size floor size to accommodated the larger right hand side of the shop with warehouse style rear access and storage/ showroom potential could be leased to another major tenant.
There are very limited larger freeholds with easy re development opportunities in the main street of Rutherglen.
Both business will still have rear lane or road access to the businesses (STCA)
Rental range for current business in reduce space $500 to $550 per week (GST & Outgoings to be negotiated)
Rental range for larger area with high warehouse storage/showroom plus the frontage to Main Street and Rear access Estimated Returns Potential $750 to $850 per week (All subject to final fit out & STCA)
The current Riverland Hardware business can be purchased if desired, Trading very well and have all current figures. This business can be relocated to one half of the current building allowing for another leasee to occupy the larger area of the building (STCA)
All options are on the table as the owners are fully committed to selling after 28 years of ownership.
Don't wait another 28 years to secure major main St Commercial Freehold with rear street access
This property can be SOLD at anytime
GST will be applied where applicable
Rikk Donlen 0459784074