Venture Commercial
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Nigel Grivell: 0414 257 999
Harry Sanders: 0431 057 346
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4 / 69 Gawler Street, Mount Barker

$425,000
  • Property type: Offices
  • Floor Area: 36 m2
  • Parking: Shared on-site car park
  • Zoning: Suburban Main Street
  • Listing type: For Sale
  • Tenancy: Tenanted Investment

SECURE NOW AND PLAN FOR THE FUTURE

*Note, this property is being sold with an existing lease in place. The tenant's business and operation at this site is unaffected by the Property Sale.

Well-presented boutique business space, positioned within 'The Sale Yard Centre' which comprises a group of ten similarly sized shops, businesses and consultancies within a Strata group.

Unit 4 extends to approx. 36.3 sqm. of internal floor space, currently arranged as a main front room, rear room with kitchenette currently utilised as a treatment room, and a bathroom with WC and wash-hand basin.

Located close to the centre of town, with the great bonus of a shared car park, providing convenient access for customers and staff. Access to the car park is via both Gawler Street and McLaren Street.

• Heating and cooling is via spit system air conditioning.
• Further toilet facilities, which are shared, are located within a common area at the rear.
• Strata Titled

There is a secure lease in place to an established occupational therapist business until 09-May-26 (no additional lease renewal options agreed). Current Rent is $20,471.36 pa (excl GST). Outgoings are partially recovered (ESL and SA Water charges only).

Available FOR SALE at $425,000
No GST as treated as going concern with the on-going lease in place
No stamp duty

• Buy as an investment – whilst the immediate returns are slim, there will be an opportunity to set a Market Rent following expiry of the current lease term in May 2029, either negotiating terms with the existing tenant if they wish to stay, or otherwise with a replacement tenant.
• Buy for your own occupation – enjoy rental income until May 2029 when the current lease expires, thereafter the premises can be available for your own use.

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

Location

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