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SOLD

146 Smith Street, Naracoorte, SA, 5271

Properties / Sold / South Australia / Naracoorte

Tenanted Investment

1. Property Summary

Selling Method

Contact Agent

Selling Details

Asking price $860,000

Land Area

365 m² (*approx)

Floor Area

200 m² (*approx)

Property Type

Offices

Sub-type

Office Suites

Terms

New lease expiring March 2027 with two options of 4 years

Est. Income

$66,486 p/a

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2. Property Highlights

High Return Investment in the Heart of Naracoorte

- Long term lease to State Government

- Current rental of $66,486 per annum* plus GST and outgoings

- Net income of $60,271 per annum

- New lease expiring March 2027 with two options of 4 years

- Secure income with rent review annually to CPI

- Fully renovated high quality office building of 200 sqm*

- Ideal for investors who are looking for a set and forget investment

- No Stamp Duty or GST payable

- Inspection is strictly via appointment only

For sale via private treaty - asking price $860,000.

For further details regarding 146 Smith Street, Naracoorte contact Yee Ng or Simon Lambert of McGees Property (RLA 1722).

(* approx)

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Offices

Sub-type

Office Suites

Est. Income

$66,486 p/a

Terms

New lease expiring March 2027 with two options of 4 years

Land Area

365 m² (*approx)

Floor Area

200 m² (*approx)

Selling Method

Contact Agent

Selling Details

Asking price $860,000

2. Property Highlights

High Return Investment in the Heart of Naracoorte

- Long term lease to State Government

- Current rental of $66,486 per annum* plus GST and outgoings

- Net income of $60,271 per annum

- New lease expiring March 2027 with two options of 4 years

- Secure income with rent review annually to CPI

- Fully renovated high quality office building of 200 sqm*

- Ideal for investors who are looking for a set and forget investment

- No Stamp Duty or GST payable

- Inspection is strictly via appointment only

For sale via private treaty - asking price $860,000.

For further details regarding 146 Smith Street, Naracoorte contact Yee Ng or Simon Lambert of McGees Property (RLA 1722).

(* approx)

Remember to mention you found this property on CommercialReady

146 Smith Street, Naracoorte, SA, 5271 Naracoorte

McGees Property Adelaide

Level 10/60 Waymouth Street, Adelaide, SA 5000

Simon Lambert

+61 *** *** *** show +61 408 846 999

Yee Ng

+61 *** *** *** show +61 402 715 883

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

146 Smith Street, Naracoorte, SA, 5271