Sold

Lot 13, 21 King George Crescent, Echuca

SOLD for $410,000

155 m2

SOLD - Unit 13, 21 King George Street, Echuca VIC

Biggin Scott North is excited to announce the sale of Unit 13 at 21 King George Street, Echuca. This strategically located 155 sqm warehouse in the heart of a thriving regional town marks a key acquisition for the new owner. With the Campaspe Shire Council driving the expansion of over 2,500 new dwellings and the creation of 4,500 jobs by 2026, Echuca is primed for growth, increasing the demand for industrial real estate.

Why This Purchase is Important:
• Rare Opportunity: With no other warehouses currently available for lease in Echuca, the buyer has secured a prime asset in a supply-constrained market.
• Strong Investment: Each unit offers a rental income potential between $28,737 and $32,054 annually, with yields ranging from 6.9% to 7.7%. These figures reflect solid returns, especially in a rapidly growing market.
• Future Growth: Echuca's transformation and population growth will likely drive future rental demand, making this a lucrative long-term investment for any portfolio.

This purchase provides the buyer with a stable, high-yielding asset in an emerging regional market with substantial upside potential.

To enquire about the other available units call the experts

Prem Shah 0416 085 144
Simran Khatrha 0431 178 435

Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

Details

Address Lot 13, 21 King George Crescent, Echuca
Price SOLD for $410,000
Property Type Residential
Property ID 6405
Category Vacant Land
Land Area 155 m2

Location

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Prem Shah

0416 085 144

Simran Khatrha photo

Simran Khatrha

0431 178 435

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