$900,000

If you're on the lookout for a sound investment 196 Koroit Street Warrnambool is a must see!

This high profile premises is located within the heart of one of Warrnambool's strongest performing retail strips with consistently low vacancy rates.

Options are plentiful for this recently renovated commercial property.

Located a short stroll to the Hospital, Police Station, Court House, main shopping precinct. This highly versatile property is suited to investors, currently leased for 5 years with two 5 year options returning $52,000 per annum + GST.

Split across two floors:

Ground level is a perfect retail site and features a retail showroom with tea room, laundry and disabled toilet.

Level 1 comprises of a boardroom, large open plan area, kitchen, bathroom with shower, toilet and bidet.

Other features include:

Bosch electric cooktop;
Bosch oven;
Bosch dishwasher;
Bosch range hood;
LG washing machine;
Mitsubishi reverse cycle units;
Stainless steel guttering;
Insulation throughout the walls and ceiling; and
Solar panels.

A low maintenance investment as all the work is already done.