20 & 20A Melville Street
numurkah VIC 3636

3 1 3

Description

Current Commonwealth Bank Australia building in Numurkah which also includes a separately leased 3 bedroom fully self contained 2nd floor residence.

Situated in a prominent position in the main street this 2 storey property also has rear laneway access and on-site car parking.

- Securely leased to the CBA with a current return of approximately $25,594 PA

- The Separate Residential lease returns $9,880 PA

- Combined annual return of approximately $35,774 PA

(Plus a contribution to outgoings)

Which equates to a gross return in excess of 7%

This property presents in excellent condition and the owners have been very diligent with maintenance and improvements in recent years.

This would be a welcome addition to your investment portfolio and we recommend your inspection.

Freehold Price $460,000 to $500,000

Property Details

Property Type - House

Inspection Times

No open times currently available

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Contact Details

Get in touch with our team at First National Real Estate Maurice McNamara & Co

David McNamara

Authorised Principal, Rural, Sales

03 5862 1077

Please complete the enquiry form below and we will be in touch shortly

Select the open and fill in your details below, then simply show your ID to David at the door