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43-45 Bentinck Street, Portland

43-45 Bentinck Street, Portland

  • Approx 352 Square metres

Prime Commercial Freehold - Portland's Waterfront

This listing has been archived and is displayed for archive purposes only

In one of the best locations in the heart of Portland's café precinct this large commercial property offers the astute investor an annual return plus the opportunity for growth in a prime waterfront position.

The current layout provides three shops downstairs and a flexible configuration of up to 6 offices plus a fully furnished 2 bedroom holiday apartment upstairs. The title area is approx 11m x 32 m = 352 m2 zoned Business 1 with excellent street parking & rear access.

The high profile corner location maximizes exposure to the shops & business tenants and delivers a premium in rent. With a history of high profile tenants this property offers high quality shop & office space in the best end of town.

Portland, on Victoria's rugged SW Coast is set to expand with many infrastructure projects under construction such as the major Port of Portland export terminal & new recreational & commercial fishing marina planned for the near future.

While not yet fully filled the potential return to an investor is approx $130-140,000 pa or just over 8.0% gross yield. Call today for more details.

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$3,078

Estimated monthly repayments based on advertised price of $1600000.

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