LOCAL SHOPPING & COMMERCIAL CENTRE • In the heart of the Carlton Parade Business District
• High foot traffic
• 7 tenancies (including chemist, newsagency, post office, food outlet, etc.)
• 69 carparks
• Adjacent new Salvation Army Regional Centre
• Close proximity to new $6m oval upgrade, TAFE,
cinemas and other commercial/industrial sites.
• Space for expansion (STCC)
Leased Investment with attractive yield Quality new investment property leased to "Cheap as Chips" for 10 + 10 years commencing 2011. Building allowance and depreciation benefits. Annual rental $312,085 per annum plus GST plus outgoings.
EXCEPTIONAL INVESTMENT IN PRIME NORTHERN HUB CITY. 5 5 YEAR LEASE COMM 1.10... Lease to long established local businesss, Toyworld and Babyland SA with annual reviews to CPI and market at conclusion of Term. Prime location adjacent Coles Supermarket and other quality tenancies.
Fantastic 21.98m frontage to Commercial Rd and rear access.
Port Augusta is SA prime far Northern hub and this property offers a great long term investment in this vibrant town. Very well priced seeking offers at 9% yield.