102 Main Road Port Pirie, 5540 SA
Very Rare Returns!!
A real opportunity with this complex that is currently showing over $23,400 pa for a mix of commercial and residential tenants with further opportunity to expand.
Thats already 9% plus!!
The primary tenant is a long established video hire business on a fixed lease. The second shop is tenanted with a government funded victim support group that has recently entered into a formal lease. To the rear is a flat with a tenant keen to stay having been there over two and a half years already.
The property is well located on the aptly named Main Road into Port Pirie in the Solomontown area close to the foreshore. This road takes the vast majority of traffic into the main CBD of Port Pirie and the area itself is undergoing a lovely transformation with the council upgrade.
All in all this is a great package which could be further enhanced by developing further an adittional atre into another flat subject council approval. This could give it 4 tenancies and further extend its already fantastic return.
Call for details today.
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Matt Ganley RLA275981