Gross Waddell ICR in conjunction with Atria Real Estate are delighted to offer to the market this versatile investment opportunity with value-add potential (STCA), located in the heart of historic Daylesford, one of Australia’s most popular tourists towns.
Sale highlights include:
- Generating a substantial income stream of $216,674.21 pa* (estimated net income of $156,303.26pa*)
- 3 tenancies across 4 titles with a total building area of 516sqm* & on-site parking
- Highly reputable commercial tenants including Bendigo Bank & Daylesford Brewing Co
- Luxury-led 5 bedroom/4-bathroom residential property yielding short term stay rental with ability to occupy
- Large Commercial 1 (C1Z) zone landholding of 1,150sqm*
- Featuring frontage to Vincent Street of 25.6m* plus rear R.O.W.
- Potential for redevelopment (STCA)
- Gateway location at the start of Daylesford’s buzzing retail & hospitality precinct.
- Daylesford region attracts over 1.7 million night stays per annum (source: Daylesford Macedon Tourism)
- With surrounding 5–6-bedroom houses achieving upwards of $2mil+ (source: REA)
The property is for Sale via Expressions of Interest closing Thursday 2nd May 2024 at 3pm.
For further information, contact to the exclusive sales agents:
Gross Waddell ICR
Andrew Greenway: 0409 547 626
Hayden Pearson: 0428 367 749
Atria Real Estate
Simone Chin: 0403 857 266
*approx.
