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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
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017117890
    Date Sold13 Aug 2021
    Floor Area779 m²
    Land Area986 m²
    ParkingAsk Agent
    Category
    Last updated  14 Aug 2021
    Map for 8 Commercial Street West Mount Gambier SA 5290
    Map for 8 Commercial Street West Mount Gambier SA 52908 Commercial Street West Mount Gambier SA 5290
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017117890
    Date Sold13 Aug 2021
    Floor Area779 m²
    Land Area986 m²
    ParkingAsk Agent
    Category
    Last updated  14 Aug 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead
    Burgess Rawson & Associates
    Raoul Holderhead

    Raoul Holderhead

    Burgess Rawson & Associates

    0413 *** ***
    0413 860 304

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    Call
    0413 860 304
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