4/73 The Terrace, OCEAN GROVE.

Great Entry Investment.
This bulletproof investment opportunity offers a secure long term lease and an opportunity to enter the commercial market at an affordable level. The property is well positioned within one of Victoria’s busiest and most popular coastal locations.

Key investment features include:
-Secure lease with options until 2024
-Current rental income of $21,000 p.a. approx.
-Strong rental growth with annual increases
-Current annual return of 5% approx.
-Thriving coastal location in town centre

The property is positioned within the busy Trak Arcade.
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OCEAN GROVE property stats in september.

$880K
average sale price
$1.58M
highest sale price
$510K
lowest sale price
41
average days on market
31
properties sold

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