FANTASTIC INVESTMENT OPPORTUNITY IN PRIME LOCATION This fantastic investment opportunity is located in a prime position within the eastern suburb of Highgate. The popular neighbourhood centre has been family owned for over 50 years.
The 1717 sqm site comprises of 9 shops. There are car parking facilities on site as well as further adjoining car parks.
Secure an excellent investment property with so much upside potential for the right Investor. There are currently 7 tenants with 2 vacancies.
The centre has excellent rental growth potential with a mixture of short to long term lease covenants. The subject property is very affordable with an...
HIGH PROFILE RESTAURANT/CAF PREMISES PRIME INNER METRO LOCATION Excellent facilities incl air conditioning, security, cool rooms, kitchen, grease trap, licenced for 130 people (100 inside and 30 outdoor) and ample rear car parking. 198 m2 restaurant/amenities/kitchen and office area, 42 m2 verandah and rear storage shed of 35 m2. Exposure to an average of over 29000 vehicles daily ** . Land size 929m2. Zoning Mixed Use - Belair Road Zone All areas/dimensions approximate ** Transport SA Average daily traffic volumes survey
QUALITY INVESTMENT PROPERTY Very well located property with rear on-site parking. Fully leased (3 tenancies) - net Income $94,328 excluding Land Tax (estimate), A most desirable property in a highly sought after and tightly held area.
Auction on the Property Thursday 3rd May 2007 at 11.00am