Property ID: 1P1740

1-8/2 Short Street Mount Gambier SA

$ 655,000
  • Retail
  • Sold
  • 347 sqm
  • Commercial
Commercial Freehold Opportunity. 8.5 - 9% ROI
RIPLEY ARCADE

Rare Opportunity, these don't come up often.

Ripley Arcade is located in prime location with high traffic in the Centre of Mount Gambier, and connects between 2 main streets, Commercial Street East and James Street.

8 shops available with 7 fully tenanted with new leases. 5 of these tenancies with a long lease in place.

All Premises upgraded recently with over $100,000 Being spent on works.

A great opportunity to invest in property.

approx. $61,776 return Per Annum as stands currently with one shop vacant.

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