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6-8 Market Square Burra, SA 5417

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6-8 Market Square,
Burra, SA 5417

Medical & Consulting • Offices • Shops & Retail
Added 1 day ago

Detailed listing

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$48,150
Number of Tenants
3 Tenants

Private inspections

to arrange a private inspection.

Map of 6-8 Market Square

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Prime Market Square Commercial Investment with Owner-Occupier Potential

  • Established Commercial Location
  • Multiple income streams
  • Owner-occupier or invester appeal
Located in the Heritage Township of Burra, this multi-tenanted commercial property in Market Square, offers immediate income, diversified tenancies, and potential owner-occupier flexibility.

Property Overview
• Address: 6 & 8 Market Square
• Asset Type: Multi-tenanted commercial property
• Tenancies: Medical, retail, and ATM

Occupancy & Possession
The premises at 6 Market Square, currently occupied by Burra Medical Centre, may be available for owner occupation, subject to lease terms and agreement between the parties.

Alternatively, the property may be retained as an income-producing investment with existing tenancies in place.

Current Income Profile

Medical Tenancy – 6 Market Square $30,000 pa
ATM Lease $6,600 pa

Retail Tenancy – 8 Market Square $11,550 pa

Total Gross Income $48,150 p.a.

All income quoted inclusive of GST.

Leases
• Medical tenancy subject to a lease
• Retail and ATM tenancies in place

Prospective purchasers should rely on their own enquiries and review

Yield
• Gross Annual Income: $48,150
• Asking Price: $650,000
• Approximate Gross Yield: 7.4%

Gross yield calculated on current income and does not account for outgoings or future rental adjustments.

Future Income Potential
• Rear shed with separate access may provide potential additional income, subject to approvals and leasing arrangements
• Opportunity to enhance returns through future leasing or repositioning

Key Considerations
• Established commercial location
• Multiple income streams
• Potential owner-occupier or investor appeal
• Flexible holding or occupation options

Disclaimer
All information provided is believed to be correct but is not guaranteed. Interested parties should make their own independent enquiries, inspections, and obtain professional advice prior to purchase.

Burra, 5417 demographic data

The median household income for Burra is $866, 27% lower than Regional South Australia's household income of $1,190. Burra has an older age profile compared to the rest of Regional South Australia (median age 54 vs 47). Property ownership data shows 33% of property owners in Burra have a mortgage.

1,112
Population
$866 per week
Median household income
54 years
Median age
Owners
Most residents
Families
Most households
04388365...
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6-8 Market Square
Burra, SA 5417

Detailed listing

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