For Sale
A Strategic Corner Freehold Investment Located at the Gateway to Drouin
40 Princes Way, Drouin VIC
$2,400,000

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.

Listing Map