7 Secker Road, Mount Barker

MULTI TENANCY INVESTMENT WITH TASTY YIELD

Spread the risk with this outstanding multi-tenanted commercial property investment in high demand and rapidly growing Mount Barker. The property is well maintained and well presented, holding a convenient position close to the entrance of Mount Barker’s established and popular Secker Road / Light Crescent light industrial precinct.

Neighbouring and nearby operators include Mitre 10, Bridgestone Tyre Centre, Reece Plumbing, Beaumont Tiles, Barker Boys Processing and The Garden Depot.

Held on a single Torrens title, the property is configured to provide five separate tenancies, providing a current combined net rental income of approximately $124,654 + GST pa.

Tenants’ businesses include Café/Diner, automotive mechanical workshops, bike shop (repairs and sales), and craft workshop.
x4 fixed term formal leases
x1 periodic lease agreement

Land area estimated to be approx. 1,511 sqm
Total building area of approx. 525.1 sqm
20 on-site parking spaces

Rarely do properties become available offering such attractive yields.
Inspection by appointment only.

The property is offered FOR SALE at offers in excess of $1.85 million.

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