Units 3-5 / 312 Mount Barker Road, Aldgate

SECURE LONG TERM INVESTMENT

Three adjoining and internally-linked strata titled units, leased to highly regarded tenants, ‘The Salvos’ - The Salvation Army (South Australia) Property Trust.
• Subject to long-term leases until 31-Jul-28, plus two 5 year renewal options
• Total current net rental income of $34,926.56 + GST pa, subject to annual CPI rent reviews (next due on 01-Aug-24)
• Total internal floor area of approximately 160.7m2

The property comprises three inter-connected units within a small Strata complex, positioned on a busy stretch of Mount Barker Road that connects Bridgewater and Aldgate.

The single storey building is of besser brick construction with glazed frontage and a 2.3m deep veranda which extends across the full frontage of the building.

Internally, the premises are configured to provide a large expanse of retail space, plus staff room and storage area.

Further features include:
• Separate electricity meters and switchboards for Units 3-4, and Unit 5.
• Heating and cooling by split system wall mounted units
• Excellent signage opportunities to Mount Barker Road
• Convenient car parking at front and rear of the building

FOR SALE - OFFERS IN EXCESS OF $550,000.

There is no GST applicable to the sale price as, with the leases in place, this is to be treated as a Going Concern.
There is no Stamp Duty.

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