INDUSTRIAL INVESTMENT- NEW 5 YEAR LEASE EXTENSION

1-7 Atlantic Street, Mount Gambier, South Australia 5290

Industrial For Sale

Expressions of Interest. EOI Date 17 Oct 2019
Land Area: 5,757.00 m2.    Floor Area: 2,683.00 m2.    

Description

INDUSTRIAL INVESTMENT- NEW 5 YEAR LEASE EXTENSION

Colliers International and Herbert Commercial are pleased to present for sale by way of Expressions of Interest, 1-7 Atlantic Street Mount Gambier.

An outstanding industrial investment located in one of South Australia’s major regional Hubs.

Key features of the property include:

• Total site area of 5,757*sqm contained within Eight certificates of title
• Quality improvements totalling 2,683sqm*
- Front offices, with rear clear span warehouse
• Majority of site (1,723sqm*) is leased to PFD Food Services, with the remaining 960sqm* vacant, providing the purchaser with opportunity to occupy this portion or lease to another tenant.
• 5 Year Extension of lease commencing 27 July 2019, with an additional 5 year renewal option
• Rent Reviews: CPI Annually, Market review on renewal.
• Current Net Rental of $83,088.99 per annum
• Secure site with hardstand and ample car parking
• Direct access to Princes highway and Town Centre
• Investment or Owner Occupier Opportunity

*Approximately

The property will be sold Via Expressions of Interest campaign closing Thursday 17th October 4pm (ACST)

Please contact the exclusive listing agents for more information.

Features

  • Total site area of 5757*sqm
  • Quality improvements totalling 2683sqm*
  • Investment/Occupier Opportunity

Specifications

Zoning Light Industry

Map

Open in a new window

Contact Us

Share This Property
For further details, contact:
Close
Saved Properties
Remove All
You have no saved properties. Click the 'save' button associated with a property listing to see it displayed here.