Units 2&3/28-30 Morphett Street Mount Barker SA 5251

CENTRAL CBD MULTI-TENANTED INVESTMENT

Located adjacent to Mount Barker Central, the town's main shopping centre (Coles and KMart). The property comprises 4 self-contained retail shops, subject to medium to long term leases to established tenants.

The businesses trading here are:
o Gauci Care, Hair & Beauty
o Dominos Pizza
o Rue Saigon (Vietnamese food)
o Subaru Susi & Noodle Bar

The property package comprises two out of the three Lot units within the Strata group. (The 3rd Lot unit is under separate ownership). Only available as a combined package, the individual Lots will not be sold separately.

The single storey building was constructed c.1998. The total land / building area of the two Strata Lot units is approximately 390 sqm. At the front is a 21 space car park which is shared, forming the Common Land.

Zoned Regional Town Centre, Policy Area 5 Business and Retail Core

Current net rental return is $166,963 pa (representing a 7.26% pa return)

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:

Nigel Grivell 0414 257 999
Harry Sanders 0431 057 346