A rare chance to secure a fully leased, high-performing commercial asset in the very heart of Victor Harbor's thriving CBD. This opportunity presents itself as a secure, set-and-forget investment with quality tenants and strong rental returns.
Property Highlights
Site Area: Approx. 416m²
Total Lettable Area: Approx. 353.8m²
Zoning: Suburban Main Street
Tenure: Fully leased with established tenants
Outgoings: Payable by tenants
GST: Sold as a going concern No GST payable
Stamp Duty: Exempt in South Australia
Tenancy Schedule
Tenancy Tenant |Area (m²) |Lease Start |Lease Terms
1 Thai Massage | 129.6 | 01/10/2022 |3 + 3 years ROR
2 Notable Imprint | 128.0 | 01/10/2013 | 5 x 3 years ROR
3 Tonic Boutique | 43.2 | 01/10/2023 | 1 + 2 + 2 years ROR
4 Coral Curios | 53.0 | Periodic | Annual renewal
Average Rental: $266.18/m² + GST + Outgoings
Net Rental: $94,176 pa +GST+Outgoings
Investment Features
Excellent tenant mix with diverse offerings in wellness, retail, and boutique services
Strong rental history with impeccable tenant payment records
Located in a high-footfall area, benefiting from year-round tourism and local patronage
Significant long-term capital growth potential in a growing regional centre
This property offers security, income, and location-making it a smart acquisition for the astute investor.
Contact us today for the Information Memorandum or to arrange a private inspection.
Price: $1,550,000 - $1,600,000
Specifications:
CT / 5126/496
Council / Victor Harbor
Zoning / SMS
Land / 416m2 (approx)
Frontage / 18.8m
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Victor Harbor P.S, Victor Harbor H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 337539
