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Lot 2 Augusta Highway, Port Augusta, SA 5700

Lot 2 Augusta Highway, Port Augusta, SA 5700

Industrial/Warehouse Land/Development

  • For Sale
  • $560,000
  • For Sale

4-YEAR LEASE - VENDOR SAYS SELL!

  • Suits private or SMSF investor
  • Net income $45,540pa*
  • Tenant pays all outgoings (excluding LT)

  • Land Area
  • 481.00 m² (approx)
  • Floor Area
  • 350 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • May 07, 2020

Interested in this property? Contact an Agent today

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street

Adelaide SA 5000

4-YEAR LEASE - VENDOR SAYS SELL!

Lot 2 Augusta Highway, Port Augusta provides a secure, ready-to-go investment opportunity with an attractive yield to any level of investor. CBRE further highlight the below key investment features sure to appeal to experienced investors:

- Net income of $45,540pa*
- Brand new 4-year lease expiring 1st December 2022 with two further options of 3 years each
- Tenant to pay all outgoings including insurance and property management (up to 3.5% of the income) but excluding Land Tax
- Fixed increases of 3.5% annually
- Leased to premium and well-recognised tenant in Stratco Pty Ltd
- Improvements of high-quality warehouse/showroom totalling circa 350sqm*
- Rear storage yard and car park
- Strong exposure to Augusta Highway
- Total site area of 481sqm*
- Zoned Highway Services

For Sale by Private Treaty - $560,000

ALL REASONABLE OFFERS CONSIDERED

For further information please contact exclusive marketing agents CBRE

Mitch Curnow - 0415 494 056
Harry Einarson - 0421 747 442

RLA 208125 *approximately

Lot 2 Augusta Highway, Port Augusta, SA 5700

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