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Hopetoun Investment Opportunity
Excellent Freehold commercial premises within the heart of Hopetoun - a coastal township on the South East Coast - with expanding tourism and population growth. The 242sqm building is currently divided into 3 secure mixture tenancies returning approximately 7% gross per annum. with outgoings payable by tenancies. Located on a large land size of 1012sqm with rear lane entry, plenty of parking and room for potential expansion of buildings to boost rental income. Prominent location opposite playgrounds and captures sweeping ocean views from top level. Ideal investor opportunity awaits!
Property features
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Land area
1,012m2
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Floor area
242m2
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Tenure type
Vacant possession
Property snapshot by reiwa.com
This commercial property at 19 Veal Street, Hopetoun is listed for sale by Laurie Fyfe at Esperance Real Estate.
It has been described by the agent as ‘Hopetoun Investment Opportunity’.
If you would like to get in touch with Laurie Fyfe regarding 19 Veal Street, Hopetoun, please call 0411 090 318 or contact the agent via email.
Cost breakdown
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Council rates: $7,515 / year
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Water rates: $1,863 / year
