For Sale
A Strategic Corner Freehold Investment Located at the Gateway to Drouin
40 Princes Way, Drouin VIC
Stonebridge Property Group in conjunction with Wilson Property are pleased to present for sale 40 Princes Way, Drouin.
- 100% Leased to two established tenant, Nick’s Bakehouse & Meluca Group- A highly trafficked and strategic corner position benefiting from wide footpaths/outdoor seating – ideal for hospitality
- Providing combined annual income of $122,852 with fixed annual growth through set increases of 3.5% & 3.0%
- Arguably Drouin’s most well exposed corner boarding Princes Way & Main S Road, together the two streets provide exposure to over 27,000 passing cars daily*
- Versatile 502 sqm* Commercial 1 Zoned landholding with 42 m* street exposure and additional rear lane access
- Located in the centre of Drouin, a rapidly expanding regional centre ~33 km east of booming Metropolitan Melbourne
- Princes Way is the retail backbone of Drouin, bolstered by national retailers, hospitality businesses and public transport (train station)
- Drouin suburb sits within the Baw Baw Shire, a booming municipality which is forecast to see a 53% increase in population by 2041
*Approximate
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.