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Rare Commercial Investment Opportunity – Prime Barooga Position

 

An opportunity like this rarely comes to market, offering approximately 3,100m² of prime commercial land in the heart of thriving Barooga with excellent main road exposure, strong passing traffic and a combination of established tenants and future development potential.

The property currently comprises three separate commercial tenancies, including a pharmacy, gym and Chinese restaurant, providing a diverse mix of established businesses and a combined rental return of approximately $51,000 per annum.

Adding further appeal is the adjoining vacant block, providing valuable scope for future development, expansion or an additional commercial use (STCA). With the existing improvements already generating a solid rental income, there is also potential to improve the overall return over time.

Positioned on a prominent main road within a growing and well-established regional township, the property benefits from excellent visibility and accessibility, while Barooga's strong local economy and popular lifestyle appeal continue to attract residents, businesses and visitors.

Whether you're looking to secure an established commercial investment, add to your existing property portfolio or explore future development opportunities, this is a rare opportunity to acquire a substantial commercial holding in one of the region's thriving townships.

Opportunities offering this combination of landholding, established income and future potential are rarely available in Barooga.

 

These details have been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.

3,100m2
Address 45-55 Vermont Street, Barooga
Price $1,500,000
Property Type Commercial
Property ID 5412
Commercial Listing Type Sale
Category Retail, Land/Development
Land Area 3,100m2
Office Area 650m2
Total Area 650m2

Agent Details

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Andrew Jenkins

0428 570 717
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Jake Jenkins photo

Jake Jenkins

0428 217 898
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