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Retail

59-61 Commercial Street West Mount Gambier, SA 5290

Sold on 31 May 2019
  • Building: 330m²
  • Land: 691m²
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Retail in Mount Gambier

Central Investment

  • Building: 330m²
  • Land: 691m²

Ray White Mount Gambier is proud to present for sale 59 - 61 Commercial Street West, Mount Gambier. This rare investment opportunity is located in the heart of Mount Gambier's CBD and shopping precinct.
This centrally located Mount Gambier stone commercial property offers two tenanted premises. Tenant one Mangos Fashion Boutique' (59 Commercial Street West) has been a long-term tenant and has been leasing the premises since approximately 2005. Tenant two Hue. Colour' (61 Commercial Street West) has recently refurbished the entire premises and has signed a 3 year fixed term lease (lease commenced in may 2018).
This superb investment offers; main street exposure with street frontage of approx. 16.76m, strong investment returns and a rear private car park (approximately 7 car parks).
For further information or to arrange an inspection of the property please contact Sarah Barney or Tahlia Gabrielli from Ray White Mount Gambier (confidentially agreements will need to be signed and returned prior to information being released). RLA 291953

Additional Property Information:
Land Size: Approx. 691m2
Floor Area: Approx. 330m2
Council Rates: Approx. $2,071 Per Annum (59 Commercial Street West), $1,635 Per Annum (61 Commercial Street West)

Building:

330m²

Land:

691m² / 0.17 acres

59-61 Commercial Street West, Mount Gambier, SA 5290