DAYLESFORD
97 Vincent Street
Income
Estimated 'fully let' rental of $216,674.21 pa*
Tenancy
2 x Commercial + Residential
Land Area
1,150 sqm*
Zoning
Commercial 1 Zone
High Exposure Commercial & Residential Investment With Multiple Income Streams
Gross Waddell ICR in conjunction with Atria Real Estate is delighted to offer to the market this versatile investment opportunity with value-add potential (STCA), located in the heart of historic Daylesford, one of Australia’s most popular tourists towns.
Estimated rental of $216,674.21 pa* ($113,446 pa* net from commercial assets)
3 tenancies across 4 titles with a total NLA of 516sqm* & on-site parking
Luxury-led 5 bedroom/4-bathroom residential property with two strong & well-known commercial tenancies (inc Bendigo Bank)
Large Commercial 1 (C1Z) zone landholding of 1,150sqm*
Featuring frontage to Vincent Street of 25.6m* plus rear R.O.W.
Potential for redevelopment (STCA)
Commercial Tenants:
Bendigo Bank:
Returning $57,203/pa net plus GST, with a lease term of 5 years from December 2021.
Daylesford Brewing Co:
Generating a net income of $56,243/pa plus GST, with a lease term of 3 years commencing September 2023, with a further 3-year option.
Residential Short-term stay:
Operated through The Houses Daylesford, the Cousin Gilbert residence offers a lucrative income ranging from $700 to $2,000 per night, averaging $97,836/pa gross over the past 2.5 years.
Andrew Greenway
0409 547 626
agreenway@gwicr.com.au
Hayden Pearson
0428 367 749
hpearson@gwicr.com.au
