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Retail For Sale found in STRATHALBYN, SA 5255

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

SUBURB PRICE GUIDE

Suburb Summary - Strathalbyn, SA 5255

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

Price (m²) Rent (m²) Yield
Offices $171
Retail $1618 $203 12.55%
Industrial $34
* 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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