Cranbourne Highway Investment 6.7% Return

Front and Centre on South Gippsland Highway, this prime Cranbourne retail opportunity offers unmatched exposure, a secure tenancy, and a position alongside a long-established local favourite.

This highly exposed retail/commercial outlet is positioned within the same building as the long-established Cranbourne Ag, Horse & Pet Supplies, attracting strong and consistent customer traffic. Offering 117m² of prime retail space on the front corner of the property, it enjoys maximum street visibility and a welcoming presence. The premises also benefit from shared rear amenities, adding convenience for staff and customers alike.

Currently secured on a 5-year lease returning $43,774pa as of 4th January 2025, this investment enjoys 3% annual rent reviews and a further 3-year option, with the current lease term expiring 3rd January 2027. The reliable tenancy and favourable lease terms make it a solid investment choice.

Situated on the bustling South Gippsland Highway, the property offers exceptional exposure to high daily traffic volumes and easy accessibility for customers. Cranbourne’s vibrant retail precinct and growing residential population further enhance its appeal, ensuring ongoing demand and strong future growth prospects.

Don’t miss your chance to secure this standout commercial investment – join Cranbourne Ag, Horse & Pet Supplies in this Cranbourne retail gem!

Enquire at www.faceyproperty.com.au to make your next move.