5, Glen Street, MILLICENT, SA, 5280, Australia

For Sale $275,000 - $295,000

Retail Opportunity in central location.

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 $120 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

Retail
Property Features
  • Retail
  • Land is 1,012 m²
  • Floor Area is 635 m²
Fiona Telfer
Fiona Telfer
South East Property Sales
08 8733 3990