Central Echuca Investment/Development Opportunity

One of Echuca's iconic buildings, located in absolute central Echuca, this property enjoys the luxury of being connected to both the Port Precinct and CBD. <br/><br/>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. <br/><br/>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. There is also a large parcel of land at the rear of the property that has the potential to further develop (STCA)<br/><br/>Open fire places, timber floors, high ceilings, exposed brick feature walls and large balconies are just some of the features of this inviting building.<br/>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.<br/><br/>Inspection is available upon request. <br/><br/>Click this link for a detailed report.<br/>https://499-501-high-street-echuca.fnebooks.com/