Retail Opportunity in central location.
For Sale $350,000
Description

Purchase premises on 1 title with 3 separate shop fronts or offices returning over 4.5% rental yield currently with increase potential if all filled.
Central to township with current tenants across 3 businesses.
Rear delivery entrance and car-park.
High Traffic area of town.
Rates: $2015.00 per annum
FLOOR MEASUREMENTS
5a – Vacant Shop front: 9.3m Long X 5.2 Wide
Storage room at rear – Currently leased on temp basis for $150 inc gst per week including outgoings.
5b – Passage entrance down to reception counter and 3 offices of approx 3.2m x 4m. Storage room and rear interior door connecting to 5c hallway. Currently tenanted at $200 + gst per month
5c – Largest floor space. Shop 10.80m x 19.8m, rear storeroom 4.3m x 8m. 2 other offices and store room. Kiosk area which opens to shop area. steps raised to Kitchen staff room and 2 toilet bathrooms.
Possible space share opportunity with Kiosk outlet in 5c
Currently tenanted at $1000 per month inc gst

Property Features
  • Retail
  • Land is 1,012 m²
  • Floor Area is 635 m²
Commercial Features
Zone

Commercial

  • Location
  • Street View
  • Properties nearby

Nearby sales

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#Street:Suburb:Type:Const:Features:B/B:Original Price:List Price:Sale Price:Sale Date:DOM:Listing Agency:Listing Agent:
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35 Emily Street, MILLICENT SA 5280 Draft Millicent House 3 Beds / 1 Baths $159,000 $159,000$150,000 21-05-2019 Millicent Real Estate Angela Wallis
2 Mowbray St, MILLICENT SA 5280 Draft Millicent House 3 Beds / 1 Baths $138,000 $138,000$125,000 04-06-2019 South East Property Fiona Telfer

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