$625,000

Looking for a premium commercial rental property in Port Augusta? Look no further than 1 Browns Lane, a stunning high-quality office building that is now available for sale. With a prime location and premium features, this building is sure to impress even the most discerning. Highly visible location, close to Coles Supermarket - right in the heart of the city's CBD.

Currently leased to a federal government department for a 7-year term, with 2 further options of 5 years, this building offers unparalleled security and stability. With a rental income excluding outgoings of $60,000 per annum, it also provides an excellent 9.6% yield.

The reception area is spacious and welcoming, perfect for greeting clients and guests. The conference room measures 6.7m x 4.1m, providing ample space for presentations and meetings. There are also two separate offices, a large 12.9m x 3.6m open office area, an interview room, and a staff kitchen, making it the perfect space for a variety of businesses.

Other features include a computer LAN room, male, female and separate handicapped toilets. With its prime location and premium features, this office building is sure to impress. Don't miss out on this incredible opportunity.

Land size - estimated at 305m2
Building size - Net Lettable area of 270m2
Zoning Suburban Activity Centre - SAC
Council Rates $6615 per annum (payable by tenant)