This outstanding retail property is located in the centre of Healesville, at the heart of the world-renowned Yarra Valley wine region. The property consists of two tenancies, with an and offers an exceptional opportunity to investors, thanks to the long-term secured income from the major tenancy, Creswick Woollen Mills. The second lease, to a tenant with a jewellery business, expires in mid-2027 with a further five-year option, providing the opportunity to renew or re-lease.
Key Investment Highlights:
• Two tenancies (278 sqm* and 45 sqm*)
• Significant retail footprint
• Wide main road frontage 27.69 metres*
• Combined income $140,900 pa with fixed annual rental growth
• Both tenants’ pay all outgoings (excluding Land Tax)
• Valuable rear parking for 3 cars
The property occupies a prominent position in the commercial centre of Healesville, opposite the historic Healesville, a popular tourist hub in the renowned Yarra Valley wine region. The town is the gateway to major tourist attractions and a wine region featuring more than 80 cellar doors, with nearly a dozen offering on-site accommodation. The town of Healesville itself is home to several cellar doors as well as the noted Four Pillars Distillery.
Location
• High profile position in the centre of Healesville
• Opposite Healesville Hotel
• Close to cellar doors, restaurants and Four Pillars Distillery
• Hub for renowned Yarra Valley wine area
• Gateway to major tourist attractions
For more details contact Rory White 0439 655 504 or Matt Hoath 0418 543 714
*Approx.
