5 - 11 Stock Street, Lakes Entrance

1,668m² Land
1023m² Floor Area
Price Undisclosed
Sold on 12th October 2017
Property Type: Retail

COMMERCIAL FREEHOLD ONLY

For Sale $1,690,000
Located in the popular tourist destination of Lakes Entrance, the properties are within a short distance to the main commercial and retail precinct of Myer Street and the Esplanade. The offer consists of two adjoining properties on separate titles.

- 5 - 7 Stock Street, has an open plan drive through warehouse with mezzanine storage and is currently tenanted : Land area 1,668 sqm approx : Commerical 1 zoning : Building area 1,023 sqm approx : Lessee Lakes Timber & Building Supplies PL : Rental income $72,00 ex GST Net : Term 5 years ( July 2016) : Further terms 2 x 5 years.

- 9 - 11 Stock Street has a combination of showroom/retail sales area, rear storage area, offices, kitchen and staff amenities and is currently tenanted : Land area 1,423 sqm approx : Commercial 1 zoning : Building area 1,023 approx : Lessee Lakes Timber & Building Supplies PL : Rental income $72,000 ex GST NET : Term 5 years ( July 2016) : Further terms 2 x 5 years.

Offers will be considered by any interested party wishing to acquire the Stock Street properties (in one{1}lot)

Additionally, offers will be considered by any interested party wishing to acquire adjoining property 8 Roadknight Street details : Vacant house offering excellent redevelopment potential : 930 sqm approx : Zoned Commercial 1 : For Sale $290,000

First National King and Heath under instructions from Cor Cordis as Liquidators of the Eastcoast Plumbing Group of companies.


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