204-208 Commercial Street West, Mount Gambier

Property ID: 1P3184

$400,000
Building Size
100sqm
Type
Retail
Contract
Under Contract
Zoning
Local Centre
Council Rates
$3968 quarterly
 

INVESTMENT OPPORTUNITY NOT TO BE MISSED

Welcome to 204-208 Commercial Street & 2A Lindsay Street that Malseeds are pleased to present to you. This property is situated in a prominent location of Mount Gambier.

Features include:
- Located on the corner of Commercial St & Lindsay St
- Large solid Mount Gambier stone building
- Bituminised carparking
- Well known operating business' that are long term tenants
- 3 shops, 2 of which are currently leased
- All shops have access through the rear of the building
- All tenants have a shared toilet block at the rear of the property
- 1 shed on Lindsay Street side which currently is leased
- Currently returning approx. 7% with the potential to be increased
- Freehold only

Highest & Best offers by close of business Friday 3rd of May 2019.

Contact Jason Malseed for further information.