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31 Ash Road
LEOPOLD

$450,000

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Commercial Freehold Opportunity

An ideal entry level investment opportunity awaits in a proven, long standing retail shopping strip.

Situated in the burgeoning suburb of Leopold, the gateway of the Bellarine, the property for many years has operated as a working bakery, with the tenant currently 6 years into a 9 year lease. The property is being offered for sale as a ‘going concern’ and can be inspected by appointment.

• Land area: 204m2 approx.
• Building area: 204m2 approx.
• Current rental: $26,496 p.a
• Lease term: 3 years from August 2024
• Rear delivery and storage access
• Zoning: Commercial Zone 1

For more information or to inspect the property, contact James Wilson on 0414 898 545 anytime.