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A business property in Warrnambool’s CBD is available on the market. Falk and Co director David Falk stated the property, at 248-254 Timor Road, was a terrific funding alternative. He stated the constructing, which has a long-term tenant – Camerons Plumbing – provided 2022-square-metres of area in a major location. “There is a lease in place displaying glorious returns of about $123,000 each year,” Mr Falk stated. “The property provides a excessive publicity distinguished retail place within the coronary heart of the CBD, comprising a showroom, warehouse, mezzanine space, two additional storage sheds, a concreted yard and – after all rear entry.” Mr Falk stated the property was being offered by way of expressions of curiosity. He stated there was stronger curiosity in business properties within the metropolis than there had been in some years. Mr Falk stated of explicit curiosity had been “set and neglect” properties with long-term tenants. A business block in Port Campbell is one other itemizing that’s proving well-liked, based on Mr Falk. The 463-square-metre block in Lord Road is the primary to return available on the market in some years, he stated. “There was big curiosity on this block over the previous few weeks,” he stated. Mr Falk stated the block can be ideally suited to a retail enterprise with one or two items upstairs. He stated an industrial block in Allansford not too long ago additionally sparked lots of curiosity, with 13 expressions of curiosity obtained. Residential properties stay in excessive demand, Mr Falk stated, with most patrons on the lookout for a house beneath $750,000. IN OTHER NEWS: Now only one faucet with our new app: Digital subscribers now have the comfort of sooner information, proper at your fingertips with The Normal: Our journalists work laborious to offer native, up-to-date information to the group. That is how one can entry our trusted content material:
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A business property in Warrnambool’s CBD is available on the market.
Falk and Co director David Falk stated the property, at 248-254 Timor Road, was a terrific funding alternative.
He stated the constructing, which has a long-term tenant – Camerons Plumbing – provided 2022-square-metres of area in a major location.
“There is a lease in place displaying glorious returns of about $123,000 each year,” Mr Falk stated.
“The property provides a excessive publicity distinguished retail place within the coronary heart of the CBD, comprising a showroom, warehouse, mezzanine space, two additional storage sheds, a concreted yard and – after all rear entry.”
Mr Falk stated the property was being offered by way of expressions of curiosity.
He stated there was stronger curiosity in business properties within the metropolis than there had been in some years.
Mr Falk stated of explicit curiosity had been “set and neglect” properties with long-term tenants.
A business block in Port Campbell is one other itemizing that’s proving well-liked, based on Mr Falk.
The 463-square-metre block in Lord Road is the primary to return available on the market in some years, he stated.
“There was big curiosity on this block over the previous few weeks,” he stated.
Mr Falk stated the block can be ideally suited to a retail enterprise with one or two items upstairs.
He stated an industrial block in Allansford not too long ago additionally sparked lots of curiosity, with 13 expressions of curiosity obtained.
Residential properties stay in excessive demand, Mr Falk stated, with most patrons on the lookout for a house beneath $750,000.
PRIME LOCATION: Industrial properties are in excessive demand within the metropolis.
Now only one faucet with our new app: Digital subscribers now have the comfort of sooner information, proper at your fingertips with The Normal:
Our journalists work laborious to offer native, up-to-date information to the group. That is how one can entry our trusted content material:
