$275,000

5 Glen Street, Millicent, SA 5280

Retail Opportunity in central location.

Purchase premises on 1 title with 3 separate shop fronts or offices returning over 4.5% rental yield currently with increase potential if all filled.
Central to township with current tenants across 3 businesses.
Rear delivery entrance and car-park.
High Traffic area of town.
Rates: $2015.00 per annum
FLOOR MEASUREMENTS
5a - Vacant Shop front: 9.3m Long X 5.2 Wide
Storage room at rear - Currently leased on temp basis for $120 per week including outgoings.
5b - Passage entrance down to reception counter and 3 offices of approx 3.2m x 4m. Storage room and rear interior door connecting to 5c hallway. Currently tenanted at $200 per month
5c - Largest floor space. Shop 10.80m x 19.8m, rear storeroom 4.3m x 8m. 2 other offices and store room. Kiosk area which opens to shop area. steps raised to Kitchen staff room and 2 toilet bathrooms.
Possible space share opportunity with Kiosk outlet in 5c
Currently tenanted at $1000 per month.
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Property Info

Municipality
Millicent
  • 1,012 Sqm

Fiona Telfer

0407 9 ...

South East Property Sales and Management Millicent

78 George Street

Millicent, SA 5280

Tel: +61887333990

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