Forget chasing meager Residential returns. Instead set yourself up in Retail. Now is your chance to secure an affordable premises in the heart of the Township. Main street exposure and walking distance to all amenities.This long standing tenant will provide secure income to those wanting a "set and forget" investment.
Highlighting the main features;
*$21,606 p.a rental amount
* New 3 year lease July 2025 with 3 x 3 options.
*3% fixed yearly increases
*Outgoings paid by Tenant
*105 sqm Building ( approx)
*215 sqm ( approx ) land
* Front and rear loading via common area driveway
* Potential floor area expansion ( s.t.c.a.)
An Important factor to consider is that vacancies are a rare occurrence and the property is positioned in literally the centre of the Township and has been a cafe for many, many years!
Boasting a strong yield , this Commercial Investment is one to secure long before considering Residential risks. Screaming affordability, inquire now for all information.
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In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently.
We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information
http://www.consumer.vic.gov.au/duediligencechecklist
The size of Riddells Creek is approximately 72.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Riddells Creek in 2016 was 3947 people. By 2021 the population was 4390 showing a population growth of 11.2% in the area during that time. The predominant age group in Riddells Creek is 50-59 years. Households in Riddells Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riddells Creek work in a professional occupation.In 2021, 86.70% of the homes in Riddells Creek were owner-occupied compared with 87.90% in 2016.
Riddells Creek has 2,205 properties. Over the last 5 years, Houses in Riddells Creek have seen a 16.54% increase in median value, while Units have seen a 2.99% increase. As at 30 April 2026:
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