1-7 Atlantic Street
Mount Gambier, SA 5290
0.58ha (1.42 acres)
INDUSTRIAL INVESTMENT- NEW 5 YEAR LEASE EXTENSION
- Total site area of 5757*sqm
- Quality improvements totalling 2683sqm*
- Investment/Occupier Opportunity
Colliers International and Herbert Commercial are pleased to present for sale by way of Expressions of Interest, 1-7 Atlantic Street Mount Gambier.
An outstanding industrial investment located in one of South Australia’s major regional Hubs.
Key features of the property include:
• Total site area of 5,757sqm*
• Quality improvements totalling 2,683sqm*
• Front offices, with rear clear span warehouse
• Majority of site (1,723sqm*) is leased to PFD Food Services, with the remaining 960sqm* vacant, providing the purchaser with opportunity to occupy this portion or lease to another tenant.
• 5 Year Extension of lease commencing 27 July 2019, with an additional Two (5) year renewal options
• Rent Reviews: CPI Annually, Market review on renewal.
• Current Net Rental of $83,088.99 per annum
• Secure site with hardstand and ample car parking
• Direct access to Princes highway and Town Centre
• Investment or Owner Occupier Opportunity
For sale by Private Treaty
Please contact the exclusive listing agents for more information.
Property ID: 503321594Last Updated: 8 Nov 2019