Shops 1&2/89A Piper St, Kyneton, VIC 3444
Medical/Consulting
Dual Income Freehold - Fully Leased Investment
A premium commercial freehold positioned on iconic Piper Street, offering two fully leased retail tenancies with long standing operators and secure rental covenants. Both leases include structured options and fixed annual increases, delivering reliable, low maintenance income well into the next decade.
Key Features
• Two established tenants with strong trading history
• Combined net income of $74,545.68 p.a.
• Fully recoverable outgoings
• High foot traffic location in Kyneton's premier retail strip
• Solid brick building with excellent street presence
• Low vacancy risk in a tightly held commercial precinct
• Commercial 1 Zone (C1Z)
• 15.54KW of solar panels to shop 2
Tenancy Snapshot
• Shop 1: $41,600.04 p.a., expiry 30 June 2028, 2x3 year options
• Shop 2: $32,945.64 p.a., expiry 5 August 2027, 2x5 year options
A standout passive investment offering secure cashflow, strong location fundamentals, and exposure to one of regional Victoria's most resilient retail markets.
Information Memorandum - https://vltre.co/t0H4Pm (copy & paste link to view)
Contact David Oliver - 0403 023 706
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Raine & Horne has taken reasonable care in compiling this information to ensure its accuracy. However, details such as property dimensions, pricing, location, and descriptions have been sourced from third parties and supplied to Raine & Horne. Accordingly, Raine & Horne does not guarantee the accuracy or completeness of this information and disclaims any responsibility for errors or omissions. We strongly advise prospective buyers to undertake their own research and verification of all details. For further guidance, please consult the due diligence checklist available through Consumer Affairs.
| Property: | Medical/Consulting |
| Land Size: | 384 sqm |
| Total Building Area: | 356m² |
Open for Inspection Times:
Recent Sales in the Suburb of Kyneton
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.