Central Echuca Investment/Development Opportunity
One of Echuca's iconic buildings, located in absolute central Echuca, this property benefits being connected to both the Port Precinct and CBD. A unique central location that enjoys an amazing backdrop with frontage to the Campaspe River.
499-501 High Street Echuca has a combination of residential and commercial tenants and is currently achieving a gross rental income of $133,232.80 per annum from the four business leases and three residential leases that are in place, plus there is vacant land at the rear of the building that offers the potential to further develop (STCA). Build your own residence in the heart of Echuca or develop additional commercial buildings on this vacant parcel of land (STCA).
The four business premises all located on the ground level, three with frontage and great exposure to High Street. The first floor residential units are accessed through a shared entrance hallway, two enjoy large balconies that overlook the Port Precinct along High Street.
Open fire places, high ceilings, exposed brick feature walls and large balconies are just some of the features of this inviting building.
Backing onto the Campaspe River, this magnificent property offers endless options, continue as a commercial/residential investment with the current leases already in place, or occupy part of the premises yourself in the future as a residence and/or business, the choice is yours the only thing that won't change is the amazing central Echuca location that it offers.
Inspection is available upon request. Call today.
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