Property ID: 1P1918
186-190 Port Road Hindmarsh SA
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Retail
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Sold
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274 sqm
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SAC - Suburban Activity Centre
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$1,123.10 Per Year
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$189.78 Quarterly
GREAT OPPORTUNITY at 186-190 PORT ROAD, HINDMARSH
A strategic land acquisition ..this is rare and the opportunity to secure 3 properties in one purchase is near impossible.
Offering 2 titles but 3 distinct properties ...one currently occupied by Charlie West snack bar, well known to Hindmarsh area on Port Road and backing onto Government offices with a return of $65,000 a year plus outgoings; Lease term of 2+3+5+5+5
186B Port Rd, Hindmarsh the adjoining property offers a shop with an Asian restaurant with a new lease term of 2+3+5+5+5; Rent is 30k plus GST plus outgoings; Rent increase at 4% per annum flat rate
Upstairs is a beautiful terrace home on the second level with 3 bedrooms, large living area and balcony front and rear in perfect condition makes this property a great investment for any astute purchaser. Currently periodic lease agreement at $365 per week, $18,200 per annum
With a total rent of $116,200 per annum, makes this a high return, low risk investment.
Contact Colin Martin, Martin Real Estate 0412 822 166
RLA 255581
Offering 2 titles but 3 distinct properties ...one currently occupied by Charlie West snack bar, well known to Hindmarsh area on Port Road and backing onto Government offices with a return of $65,000 a year plus outgoings; Lease term of 2+3+5+5+5
186B Port Rd, Hindmarsh the adjoining property offers a shop with an Asian restaurant with a new lease term of 2+3+5+5+5; Rent is 30k plus GST plus outgoings; Rent increase at 4% per annum flat rate
Upstairs is a beautiful terrace home on the second level with 3 bedrooms, large living area and balcony front and rear in perfect condition makes this property a great investment for any astute purchaser. Currently periodic lease agreement at $365 per week, $18,200 per annum
With a total rent of $116,200 per annum, makes this a high return, low risk investment.
Contact Colin Martin, Martin Real Estate 0412 822 166
RLA 255581
