Savills is excited to present to the market this Character Charm with heritage opportunity nestled in the heart of Gawler at 120 Murray Street, Gawler.
This two-storey retail/office warehouse building is currently occupied by The Bunyip newspaper, currently one of SA's oldest newspapers servicing Gawler, Barossa & Light Regional, Playford, Adelaide Plains, Wakefield Regional, Clare, and Gilbert Valley council areas. The property will be sold with a lease back to the Bunyip inviting future occupiers with short-term rental income.
Key Investment Considerations Include:
- Character charm building constructed circa 1863 - Current Net Income of $97,000 per annum plus GST plus Outgoings** - Sale and Lease Back Opportunity ideal for Owner-Occupiers with short term income or a complete redevelopment opportunity. - Highly presentable main road location on Murray Street - 665 square metres* of Net Lettable Area over two levels - Mixture of retail, office and warehouse use with shared amenities with neighbouring tenant - Located within Gawler's main commercial and retail strip providing high levels of exposure - Zoned Township Main Street within the Town of Gawler Council
120 Murray Street, Gawler is for sale by Private Treaty. Inspections are strictly by appointment only and for more information please don't hesitate to contact the exclusive selling agents below.