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Sold on 26 May 2021

1 Edward Street Port Wakefield SA 5550

  • Shop & Retail
  • 738 m²
  • Sold

2021 Outstanding Investment of the Year

    BOOKINGS TO VIEW ARE ESSENTIAL
    GENUINE ENQUIRIES ONLY

    The numbers talk for themselves for this prime corner location. With massive passing traffic exposure and offering exceptional signage rights plus room for expansion (STCC), this is one investment opportunity that should be investigated further.

    Sitting over 3 titles with total area 2,037m2 approximately there are 3 lease shops, 2 currently leased with good long term tenants, 1 vacant shop and 2 leased residences. The current tenancies yielding approximately $70,460/p.a. (excl GST) with the potential of full tenancies yielding $93,860/p.a. (excl GST).

    Features of Residence 1 (1A Edward Street)
    - Built approx 1910
    - Return verandah villa, freestone construction with galvanised iron roof
    - 3 large bedrooms with formal fire places
    - Large living with reverse cycle air conditioning and formal fireplace
    - Formal dining
    - Galley kitchen
    - Large storage room
    - Bathroom plus separate w/c
    - Two sun rooms
    - Single garage
    - Secure yard
    - Fixed term lease $280/week to the 9/11/2021

    Features of Residence 2 (1 Edward residential unit)
    - 2 large bedrooms
    - Very large formal living
    - Galley kitchen
    - Bathroom plus laundry with external access to a small enclosed courtyard and porch

    Features of Commercial Shops:
    - 3 commercial shops
    - Each features a cool room, kitchen area, storage room and shop front
    - All 3 properties have shop front with access for clients to street parking and private parking at the premises
    - Large Car park
    - Public toilets: male and female
    - For all commercial shop lease information contact agent, genuine enquiries only
    - Approx 418m2 commercial building area

    Location:
    - Easy access off of main highway from Adelaide and Copper Coast
    - Approximately 60 minutes to Adelaide
    - Corner allotment with ample public parking to cater for the high volume of passing traffic
    - Zoned Commercial & Business plus Residential

    For full details and inspections contact Rachel Lawrie at rachel.lawrie@raywhite.com or 0428 882 864 RLA 281212

    Rachel Lawrie
    Ray White North Adelaide
    Rachel Lawrie
    Ray White North Adelaide
    Pan Katranis
    Ray White North Adelaide
    Pan Katranis
    Ray White North Adelaide

    Property Highlights

    Property ID2016734319
    Date Sold26 May 2021
    Floor Area738 m²
    Land Area2,037 m²
    ParkingAsk Agent
    Category
    Last updated  26 May 2021
    Map for 1 Edward Street Port Wakefield SA 5550
    Map for 1 Edward Street Port Wakefield SA 55501 Edward Street Port Wakefield SA 5550
    Rachel Lawrie
    Ray White North Adelaide
    Rachel Lawrie
    Ray White North Adelaide
    Pan Katranis
    Ray White North Adelaide
    Pan Katranis
    Ray White North Adelaide

    Property Highlights

    Property ID2016734319
    Date Sold26 May 2021
    Floor Area738 m²
    Land Area2,037 m²
    ParkingAsk Agent
    Category
    Last updated  26 May 2021
    Ray White North Adelaide
    89 O'connell Street North Adelaide SA 5006
    Rachel Lawrie
    Ray White North Adelaide
    Rachel Lawrie
    Ray White North Adelaide
    Pan Katranis
    Ray White North Adelaide
    Pan Katranis
    Ray White North Adelaide
    Rachel Lawrie

    Rachel Lawrie

    Ray White North Adelaide

    Pan Katranis

    Pan Katranis

    Ray White North Adelaide

    0428 *** ***
    0428 882 864

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