SOLD

1 Edward Street, Port Wakefield, SA 5550


2021 Outstanding Investment of the Year

BOOKINGS TO VIEW ARE ESSENTIAL
GENUINE ENQUIRIES ONLY

The numbers talk for themselves for this prime corner location. With massive passing traffic exposure and offering exceptional signage rights plus room for expansion (STCC), this is one investment opportunity that should be investigated further.

Sitting over 3 titles with total area 2,037m2 approximately there are 3 lease shops, 2 currently leased with good long term tenants, 1 vacant shop and 2 leased residences. The current tenancies yielding approximately $70,460/p.a. (excl GST) with the potential of full tenancies yielding $93,860/p.a. (excl GST).

Features of Residence 1 (1A Edward Street)
- Built approx 1910
- Return verandah villa, freestone construction with galvanised iron roof
- 3 large bedrooms with formal fire places
- Large living with reverse cycle air conditioning and formal fireplace
- Formal dining
- Galley kitchen
- Large storage room
- Bathroom plus separate w/c
- Two sun rooms
- Single garage
- Secure yard
- Fixed term lease $280/week to the 9/11/2021

Features of Residence 2 (1 Edward residential unit)
- 2 large bedrooms
- Very large formal living
- Galley kitchen
- Bathroom plus laundry with external access to a small enclosed courtyard and porch

Features of Commercial Shops:
- 3 commercial shops
- Each features a cool room, kitchen area, storage room and shop front
- All 3 properties have shop front with access for clients to street parking and private parking at the premises
- Large Car park
- Public toilets: male and female
- For all commercial shop lease information contact agent, genuine enquiries only
- Approx 418m2 commercial building area

Location:
- Easy access off of main highway from Adelaide and Copper Coast
- Approximately 60 minutes to Adelaide
- Corner allotment with ample public parking to cater for the high volume of passing traffic
- Zoned Commercial & Business plus Residential

For full details and inspections contact Rachel Lawrie at [email protected] or 0428 882 864 RLA 281212

Property Info

Municipality
Port Wakefield

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