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Ray White - Norwood- RLA 278530

3/6 Lea Street Hackham, SA 5163

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3/6 Lea Street,
Hackham, SA 5163

Shops & Retail

Price information

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$300,000

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Ray White - Norwood- RLA 278530
Matt Lazarus

Ray White - Norwood- RLA 278530

249 Greenhill Road
DULWICH, SA 5065
04307451...
Ray White - Norwood- RLA 278530
3/6 Lea Street
Hackham, SA 5163

Map of 3/6 Lea Street

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Leased Retail Investment - 6% Net Yield

Located within the established Collins Parade Shopping complex, with surrounding quality tenancies such as Foodland, Australia Post, Hackham Pharmacy and other specialty stores. This 107sqm retail shop is leased to a local smallgoods supplier. Currently providing a passing Net income to the current owner of $18,000 per year plus GST plus outgoings.

Features of the property include :
- Total building area of 107sqm (approximately)
- Solid brick construction
- Front and rear access to property
- Current Use - Butcher
- Secure tenant with strong lease
- Shared toilets at rear

Financial Summary:
Annual Net income - $18,000 per year +GST + outgoings
Annual Outgoings - $7,310.70 (paid by Lessee)
Lease commencement - 1st July 2021
Lease term - 3 + 2 years
Rent review - CPI

CONTACT AGENT - MATT LAZARUS 04307451...

Property Details:
Council | Onkaparinga
Zone | LAC - Local Activity Centre//
Building| 107sqm(Approx.)
Built | 1979
ESL | $280.00 p/a (Approx.)
Water Rates | $1,157.00 p/a (Approx.)
Strata Fees | $3,570.00 p/a (Approx.)

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Additional information

Property ID: 504018699Last Updated: 31 May 2022

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