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ID#1026680
89a Piper Street,
Kyneton
Macedon Ranges
$1,500,000
proudly marketed by
David Oliver
Raine & Horne Gisborne
Contact Agent To
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 7...
Location
Agent
David Oliver
Raine & Horne Gisborne
With over 12 years’ property experience in the Macedon Ranges, David is a committed, active and passionate member of the Raine & Horne real estate team.
As a licensed estate agent, David holds a Certificate IV in Property Services, where he specialises in listing and selling properties across the residential, rural, commercial and industrial sectors.
Key to David’s success over the years is his strong clear and concise approach. He understands the critical importance of consistent communication during the property process, to ensure his vendors are fully informed every step of the way.
As a father of three, David is also well connected to the Macedon Ranges community. From an industry perspective, he has been a member of the REIV for 12 years, and locally has a number of allegiances, including with the Gisborne Golf Club, Fitness Centre, Macedon Ranges and District Car Club, plus as a Scout Leader, which further strengthens his involvement in the community.
When he’s not looking after his vendors, you’ll find him improving his handicap on the golf fairway!
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This property was photographed by
Stephen Morris
Media Specialist
Macedon Ranges
ID#1026680
89a Piper Street,
Kyneton
Macedon Ranges
$1,500,000
proudly marketed by
David Oliver
Raine & Horne Gisborne
Contact Agent To