25A Esplanade Paynesville VIC 3880
Sold $460,000
Under Offer- Property Type Office(s)
- Land area approx 189sqm
- Floor area approx 95sqm
- Region Gippsland
- Locality East Gippsland
INVESTMENT OPPORTUNITY.
Positioned in the heart of Paynesville’s prime retail precinct, this exceptional freehold property presents a rare investment opportunity in a high-demand location. Just moments from the supermarket, boat ramp, and popular caf&aecute;s, the property benefits from strong foot traffic and excellent local amenity.
Set on approximately 189m² of land, the property includes a well-maintained building of around 95m², complemented by valuable rear car parking. Its strategic location ensures consistent exposure and long-term tenant appeal.
Securely leased through to 2028, with two additional 5-year options, the property delivers reliable income with annual rent increases already in place. Currently returning in excess of 6.5%, this is an ideal addition to any investment portfolio.
A smart, low-maintenance investment in a tightly held retail strip—don’t miss this opportunity to secure a solid income-producing asset in thriving Paynesville.
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Call Agent
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Steve HolmesLJ Hooker Bairnsdale