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8 Commercial Street West
Mount Gambier SA 5290
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Sold on 13 Aug 2021

8 Commercial Street West Mount Gambier SA 5290

  • Shop & Retail
  • 779 m²
  • Sold

Anchored by ANZ Bank - Versatile CBD Freehold

+ Secure 6 & 3 year Net leases with options
+ Anchored by ANZ, ASX listed giant with circa $82 billion market cap
+ Recent refurbishment by ANZ in 2015
+ Fixed 3% increases assuring rental growth
+ Net leases, with tenants paying usual outgoings as per leases
+ Fully occupied 779sqm* building over two levels
+ Includes Government backed Southern Community Justice Centre, plus vacant space with vendor guarantee
+ 986sqm* CBD retail site with 20+ metre frontage
+ Important onsite parking
+ Potential strata subdivision (STCA)
+ Mount Gambier: South Australia's second largest urban city, population of 27,000
+ Net Income: $161,365 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Contact Selling Agents
Burgess Rawson
Raoul Holderhead
0413 860 304
RLA 293472

Herbert Commercial
David Herbert
0408 849 080
RLA 226179

AUCTION

Auction date and time10/08/2021 10:30
Auction location8 Commercial Street West, Mount Gambier SA
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold13 Aug 2021
Floor Area779 m²
Land Area986 m²
ParkingAsk Agent
Property ID2017117890
Category
Last updated  14 Aug 2021
Map for 8 Commercial Street West Mount Gambier SA 5290

Nearest transport* to 8 Commercial Street West Mount Gambier SA 5290

Bus
Tourist Information Centre/Jubilee Hwy East (Mt Gambier (SA))658 m
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold13 Aug 2021
Floor Area779 m²
Land Area986 m²
ParkingAsk Agent
Property ID2017117890
Category
Last updated  14 Aug 2021

Listed by

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

More about 8 Commercial Street West Mount Gambier SA 5290

8 Commercial Street West Mount Gambier SA 5290 is categorized as Shop & Retail Property. It has a floor area of 779 m² and a land area of 986 m². The listing ID for this property is 2017117890.

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