Property Details

Ideal Commercial Investment!

Situated on York's beautiful, historic main street, this lovely building has a secure long term tenant in place. Currently leased to June 30 2027, with the tenant having two further 5 year options.

The property is part of a large, prominent building known as Settlers Village. The character building boasts a stunning decorative facade and a bull nose verandah, staying true to its original style for well over a century. Inside it has very high ornate pressed tin ceilings in the front room, and airconditioning.

Zoned "Regional Centre," it could be used for a variety of commercial purposes, including but not limited to an office, shop, medical centre, art gallery, consulting rooms, and of course its current use - restaurant/cafe.

The rent return is $18,891 per annum plus gst, with outgoings also being covered by the tenant, making this commercial property a pretty sound long term investment with a rental return of around 7.59%.

To view your new investment property, please call:

Brian Wheeler - 0429 119 123
Wheeler's York Realty