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Retail For Sale found in MOUNT BARKER, SA 5251

Properties located in the surrounding suburbs

UNDER CONTRACT

Investment | Retail

Exceptional Retail Investment- Circa 10%
These character stone buildings, forming an iconic established retail hub, offer an exciting commercial opportunity not to be missed.
Located on almost 1000 square metres on a busy thoroughfare, this stunning strip enjoys the benefits of long term tenants with secure leases in place. It comprises of a well established, successful take-away food outlet, the local laundromat and a quaint cottage occupied by a florist. Added features include staff car parking and external restrooms.
> Net return circa 10%
> Passing net income approximately $50,000 per annum.
> Total lettable area approximately 292 sqm.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING FRIDAY 28th JULY AT 5:00PM.
For further information or to arrange an inspection please contact Con Kavooris on 0411 883 338 or Stan Tettis on 0409 286 820.
RLA 231015

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Price: UNDER CONTRACT    Building: 292m²    Occupancy: Tenanted

A TASTE OF TUSCANY

Retail

The imminent retirement of one of the Legends of the restaurant industry opens the way for the purchase of a superb property and a profitable business in the Rural hamlet of Kanmantoo.
The acclaimed restaurateur Eugenio Sanso and his wife Zeni own and operate 'Osteria Sanso', situated just 45kms from Adelaide and on the Old Princes Highway. Reached either from the South Eastern Freeway or via a beautiful drive through the rolling Adelaide Hills with a section of this character main building dating back to 1848 that was originally used as a Tavern for the life of the first miners in this area.
But the 'GEM' that now links with the Historical past is surely 'OSTERIA SANSO' and the destination of discerning diners, patrons and holiday makers from near and far for the last 15 years.
This outstanding property situated on a large 4836 sqm affords a restaurant that seats up to 120 diners, an adjoining 3 bedroom home and also two modern B and B Cottages with Council approval for an additional Five B and B Cottages if required and reception hall for 150 people, all set picturesquely among lovely gardens, extensive vegetable plots, superb established trees and the chicken coop with free range rites!
'OSTERIA SANSO' awaits a new owner and another chapter in its illustrious history. This is an opportunity that deserves immediate consideration.

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Price: Contact Agent    Building: 350m²    Land: 4836m²

BRILLIANT BLEND

Investment | Retail

- Large site area of approx. 1,900m2
- Zoned Township City of Mount Barker
- Impressive frontage to Main Street
- Investment boasts four recently renewed leases
- Residence, motel, restaurant and 3 retail shops
- Motel on 10 + 10 + 10 year lease
- Current rental income of approx. $157,000 p.a. exclusive of GST
Romualdo Cicchiello:
0412 710 348
231015

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Price: $2,350,000 Exclusive GST    Building: 1900m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Mount Barker, SA 5251

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $2084 $175 8.41%
Retail $167
Industrial $139
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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