Nestled in the heart of Mount Gambier, 19 Commercial Street West stands as a testament to the city’s rich commercial heritage. Since the establishment of its first business in 1866, this iconic site has welcomed over 30 different occupiers, each leaving its unique mark on the building and the community. The origins of 19 Commercial…Read More→
FOR SALE - EXCEPTIONAL CORPORATE COMMERCIAL INVESTMENT
Exceptional corporate office investment with a secure income stream. Owner occupied and renovated throughout, the property is impeccably maintained lending its self as an investors dream. Generous 2024 secured head lease to AWM Accountants & Financial planners, portion sub-lease to Munro & Mahney Conveyancers featuring:
– Income – $81,480.00 gross per annum, outgoings paid by Lessee;
– Annual income growth of fixed 3% per annum;
– Lease commenced in January 2024 with renewal rights to January 2033;
– Modern façade in prominent CBD location;
– Open plan reception/waiting room plus 11 generous offices;
– Staff Kitchen, full set of amenities;
– First floor contemporary board room complete with timber acoustic ceiling and kitchenette;
– Substantial 12.87Kw Solar System installed May 2021
– Climate control and led lighting throughout;
Nestled in a corporate strip amongst the big banks with street parking and the town square a short stroll, this opportunity is a must to add to your portfolio, inspect before you invest!