Herbert Commercial in conjunction with Knight Frank are excited to present 53-57 Commercial Street East, Mount Gambier to the market for sale by Private Treaty.
Well-positioned within the Mount Gambier city centre, 53-57 Commercial Street East offers a fully leased, diversified retail investment.
Key investment features include:
- Fully leased asset with 6 individual tenants, anchored by a 7 year lease to Subway.
- Providing a net income of $95,394* pa plus GST, with a WALE (by area) of 3.53 years.
- Situated on a highly exposed corner allotment of 890sqm* with three street frontages.
- Built form of 557sqm* with rear car parking accessed via Percy Street.
- Key positioning within the city centre within close proximity to the Mount Gambier Central Shopping Centre, Aldi, KFC and many more.
For further information on this investment opportunity, feel free to contact the selling agents below:
KF / HC