Located within the established Collins Parade Shopping complex, with surrounding quality tenancies such as Foodland, Australia Post, Hackham Pharmacy and other specialty stores. This 107sqm retail shop is leased to a local smallgoods supplier. Currently providing a passing Net income to the current owner of $18,000 per year plus GST plus outgoings.
Features of the property include :
- Total building area of 107sqm (approximately)
- Solid brick construction
- Front and rear access to property
- Current Use - Butcher
- Secure tenant with strong lease
- Shared toilets at rear
Financial Summary:
Annual Net income - $18,000 per year +GST + outgoings
Annual Outgoings - $7,310.70 (paid by Lessee)
Lease commencement - 1st July 2021
Lease term - 3 + 2 years
Rent review - CPI
CONTACT AGENT - MATT LAZARUS 0430745100
Property Details:
Council | Onkaparinga
Zone | LAC - Local Activity Centre//
Building| 107sqm(Approx.)
Built | 1979
ESL | $280.00 p/a (Approx.)
Water Rates | $1,157.00 p/a (Approx.)
Strata Fees | $3,570.00 p/a (Approx.)
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
