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Sold Properties found in SOUTH (REGIONAL), SA

SOLD

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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Sale Price: Contact Agent    Building: 292m²    Occupancy: Tenanted

EGAN’S MENSLAND

Retail

- Long established and successful business serving Millicent and District
- Men’s and Ladies fashion plus student uniforms
- Good turnover and profit margins
Price reduced to $59,000 + SAV at approx $130,000!

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Sale Price: $59,000    Building: 1300m²    Occupancy: Vacant

PROFESSIONAL CONSULTING ROOMS

Medical

Close to the Mount Gambier Hospital is this Modern ophthalmological clinic located on Pinehall Avenue.
The building was designed by Chapman Herbert Architects and comprises of 6 consulting rooms and 5 admin offices plus kitchen and practitioners lounge.
If not required for professional consulting rooms, the building would suit conversion to offices.
The land is 1.75ha enabling further development of the site on the Western and Northern side of the existing building.
Additional improvements include equipped bore, rain water tank and features gravel/stone labyrinth.
A great opportunity to secure a modern multi-purpose building with further development potential on a large land are close to the Mount Gambier Hospital.

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Sale Price: $1,100,000    Building: 400m²    Land: 17500m²    Occupancy: Vacant

PRIME LOCATION

Retail | Showrooms

FOR SALE / FOR LEASE
- Prime retail space formerly tenanted by Go-Lo
- Approximately 637m² retail area with 10m frontage to Commercial Street West
- Two small offices, kitchenette, large storage/loading area and amenities
- Access from Gray Street with loading dock
- Air conditioned with off street parking for 26 cars at rear (12 carparks currently leased)
- Property is also available for lease at reasonable rental
2016/2017 Rates and Taxes
$8,238.41 + water usage (subject to change)
Building Insurance - TBC

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Sale Price: $770,000    Building: 637m²    Occupancy: Vacant


HIGH STREET SHOP AND RESIDENCE

Retail

An attractive period property, understood to date back to 1868, which proudly sits in the heart of Strathalbyn's historic and busy High Street.
The main building comprises six rooms plus a central hallway. The rooms have all been used for the display of sales items for the vendor's antiques business and could continue to be used for retail or have potential for professional office use. The main front room features large glazed display windows with a central entrance door way. There is a second entrance providing access into the central hallway, allowing the property to be potentially split into two or more separate tenancies. Period features include deep skirting boards, high ceilings of up to 3.4 m, timber floor boards, solid stone walls and three open fire places, two of which are fitted with mantels. Improvements include electrically connected chandeliers to the main rooms. The rear room has also recently been carpeted. The building is equipped with a ducted reverse cycle air conditioning system. There is a surround sound B/O four speaker system. A security alarm system is also installed. Total floor area of the shop including the hall way is approximately 144 sqm.
To the southern side of the shop is an attached shed of approx 37sqm. The shed is clad in painted corrugated metal sheeting with double timber swing doors which open out onto the High Street. Although the shed is currently used for storage, there is potential for it to be improved and converted into a separate tenancy (STCC).
At the rear of the shop is a small courtyard with covered stair access to a fine cellar space. There is also a tool shed here and ramped access to a pergola fronted single storey residential flat.
The residence is approximately 70.5 sqm but extremely well presented, featuring an open plan kitchen dining/living area, a master bedroom and a second bedroom. Both bedrooms have floor to ceiling built in robes. There is a bathroom with wc, wash hand basin and shower leading off the master bedroom. A washing machine is fitted into the kitchen area. There is also a linen cupboard. The entire flat is designed to be wheelchair friendly. Heating and cooling is via a wall mounted split system air conditioning unit.
The property presents excellently and together with its smart and appealing High Street location, practically offers great scope and flexibility to accommodate a variety of uses from retail, restaurant, offices or tourism operation, or a combination of several. The total site area is approx 398 sqm.
For sale with vacant possession at a quoting price range of $569,000.
Also available for sale is the rear adjoining property 4 Sunter Street. This is a block of approx 389 sqm with gated driveway frontage to Sunter Street. There is presently a shed on part of the block of approximately 60 sqm and the remainder of the land is used for car parking. The site may be developed subject to council approvals. For sale with vacant possession at a quoting price range of $159,000.
Both properties are zoned District Centre zone, Policy Area 3 - High Street Historic (Conservation). The desired character for this zone is for commercial, tourist and residential uses, especially antiques, art and food businesses.

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Sale Price: Contact Agent    Building: 252m²    Land: 398m²    Occupancy: Vacant

MODERN OFFICE WAREHOUSE

Industrial | Showrooms

Located in a very high traffic, industrial area.
- 5 year lease available from 1st January 2017 commencing at $27,600 pa + GST + rates and taxes.
- Site area approx: 1012m2
- Offices approx: 170m2
- Workshop approx: 184m2

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Sale Price: $313,500    Building: 354m²    Land: 1012m²    Occupancy: Vacant

WAREHOUSING OR SELF STORAGE FACILITY

Showrooms

Gigantic warehousing premises potentially suitable for use as a self storage facility offering a range of different sized tenancy units and levels of security as required. The total building area is approximately 3200sqm. Two drive-way entrances off Back Callington Road provide vehicle access around all sides of the building and to the remainder of the 1.19ha site's open space. Multiple access points possible into the building, providing maximum flexibility. Shared amenities. Easy reach of both Mount Barker and Murray Bridge (approx 26km each) via the South Eastern Freeway.
Zoned Light Industry.
Also For Sale:
Lot 6 of 1.823ha (adjacent)
Lot 5 of 2305 sqm.

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Sale Price: Contact Agent    Building: 3200m²    Land: 11930m²    Occupancy: Vacant

BUSINESS PREMISES IN EXCELLENT LOCATION

Retail | Showrooms

FOR SALE / FOR LEASE
- Brick building of approx 199m2
- Display area, 2 offices, workshop area, lunch room + amenities
- Mezzanine storage 33m2
- 3 phase power to workshop with roller door opening
- 2 sheds at rear 120m2 with parking and storage
- Suitable for retail or workshop

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Sale Price: $330,000    Building: 200m²    Land: 704m²    Occupancy: Vacant

Suburb Summary -

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

* 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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