68-70 Commercial Road,
Port Augusta, SA 5700
Shops & Retail
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Sale - Expression of Interest
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Map of 68-70 Commercial Road
Train stations within 5 km of 68-70 Commercial Road, Port Augusta, SA 5700 Distance Port Augusta Station 386 m POWERED BY HERE ©Bus stops within 5 km of 68-70 Commercial Road, Port Augusta, SA 5700 Distance Port Augusta Meal Break 4.4 km POWERED BY HERE ©
POWERED BY HERE ©
Quality Retail Investment with National Tenant
- Net Income of $145,000
- Brand New 6+5+5 Year Lease
- Rivers Subsidiary of Mosaic Brands
Port Augusta is a coastal city approximately 310km from Adelaide with a population of 13,500 (per 2021 census). Port Augusta is home to significant infrastructure such as Port Augusta Renewable Energy Park, a wind and solar farm with a capex of $500m. Additionally, Port Augusta serves as the entry point and main shopping hub for the popular Flinders Ranges.
Leedwell Property are proud to bring to market 68-70 Commercial Road, Port Augusta. The property sits within the main street of Port Augusta directly adjacent Coles and Liquorland and other national retails and major brank branches.
Recently leased to Rivers (subsidiary of Mosaic Brands) the property presents a passive investment well suited to a self-managed super fund investor or private investor looking to capitalise on the attractive rental reviews.
We further highlight for your consideration the below:
- Net income of $145,000pa*
- Tenant pays all outgoings including property management
- Brand new 6+5+5 year lease to Rivers expiring October 2029
- Two certificates of title comprising 969sqm* land area
- 2 level premises totaling 1,169sqm*
- Attractive 4% increase annually and at renewal
For Sale via Expressions of Interest closing Thursday 18th April 2024 @ 4PM
Leedwell Property are proud to bring to market 68-70 Commercial Road, Port Augusta. The property sits within the main street of Port Augusta directly adjacent Coles and Liquorland and other national retails and major brank branches.
Recently leased to Rivers (subsidiary of Mosaic Brands) the property presents a passive investment well suited to a self-managed super fund investor or private investor looking to capitalise on the attractive rental reviews.
We further highlight for your consideration the below:
- Net income of $145,000pa*
- Tenant pays all outgoings including property management
- Brand new 6+5+5 year lease to Rivers expiring October 2029
- Two certificates of title comprising 969sqm* land area
- 2 level premises totaling 1,169sqm*
- Attractive 4% increase annually and at renewal
For Sale via Expressions of Interest closing Thursday 18th April 2024 @ 4PM
Property ID: 504551712Last Updated: 11 Apr 2024
Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
68-70 Commercial Road
Port Augusta, SA 5700
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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