Superbly position investment opportunity. Located on a busy main road only minutes to the city centre, this superb character building overlooks the local boat ramp and Pirie river with magnificent views of the Flinders Ranges.
The building’s ground floor is currently leased by a pizza outlet, with a 5 year commercial lease agreement that commenced 01.01.12. The upstairs, mezzanine floor is also currently leased with a 12 month lease agreement.
Together, provides a good rental return, currently earning $31,460 p.a. (GST inclusive), plus all outgoings.
Total area of building is approximately 170sqm.