SNOWTOWN SA 5520
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- 24 Aug 2016
DELICATESSEN FREEHOLD COMMERCIAL BUILDING
An investment opportunity to purchase a long standing business with a high yield has arrived!!!
This top investment opportunity sits on a 224.3m2 allotment on one title.
The long standing Deli is superbly located just off the Augusta Highway, the current tennants have been insitu for over 5 years!!!!
This freehold building has great street appeal and is situated on a prominant corner block in the main street.
Snowtown is a growing area with established wind farms and has a major silo through fare.
The rates and outgoings are paid by the tennant.
Improvements include a new colourbond roof, gutters and downpipes.
There is also potential to lease out the adjoining room separately!!!!
Rental is $6257.00p/a inclusive of GST
This is a yield of 10.48%!!!!!
Call now to discuss this fabulous opportunity to either start or add to your investment portfolio!!!
Perfect for the self managed super fund!!
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information