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53-57 Commercial Street East Mount Gambier SA 5290

  • Shop & Retail
  • 557 m²
  • For Sale, Please contact Agent for price information

Fully Leased Investment

    Knight Frank in conjunction with Herbert Commercial are excited to present 53-57 Commercial Street East, Mount Gambier to the market for sale by Private Treaty.

    Well-positioned within the Mount Gambier city centre, 53-57 Commercial Street East offers a fully leased, diversified retail investment.

    Key investment features include:
    - Fully leased asset with 6 individual tenants, anchored by a 7 year lease to Subway.
    - Providing a net income of $95,394* per annum plus GST, with a WALE (by area) of 3.53 years.
    - Situated on a highly exposed corner allotment of 890 sqm* with three street frontages.
    - Built form of 557 sqm* with rear car parking accessed via Percy Street.
    - Key positioning within the city centre within close proximity to the Mount Gambier Central Shopping Centre, Coles, Aldi, KFC and many more.

    For Sale by Private Treaty.

    For further information on this investment opportunity, feel free to contact the selling agents below:

    Jack Dyson - Knight Frank
    Matt Kain - Herbert Commercial

    *Approx

    Property Highlights

    Property ID2016707559
    Floor Area557 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  21 Dec 2020
    Map for 53-57 Commercial Street East Mount Gambier SA 5290
    Map for 53-57 Commercial Street East Mount Gambier SA 529053-57 Commercial Street East Mount Gambier SA 5290

    Property Highlights

    Property ID2016707559
    Floor Area557 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  21 Dec 2020
    Knight Frank Adelaide
    Level 25 91 King William Street Adelaide SA 5000

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