53-57 Commercial Street East,
Mount Gambier, SA 5290
Shops & Retail
Key property information
Floor area
Property extent
Tenure type
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Herbert Commercial - Mount Gambier
7 Helen StreetMOUNT GAMBIER, SA 5290
53-57 Commercial Street East
Mount Gambier, SA 5290
Map of 53-57 Commercial Street East
Fully Leased Investment
Knight Frank in conjunction with Herbert Commercial are excited to present 53-57 Commercial Street East, Mount Gambier to the market for sale by Private Treaty.
Well-positioned within the Mount Gambier city centre, 53-57 Commercial Street East offers a fully leased, diversified retail investment.
Key investment features include:
- Fully leased asset with 6 individual tenants, anchored by a 7 year lease to Subway.
- Providing a net income of $95,394* per annum plus GST, with a WALE (by area) of 3.53 years.
- Situated on a highly exposed corner allotment of 890 sqm* with three street frontages.
- Built form of 557 sqm* with rear car parking accessed via Percy Street.
- Key positioning within the city centre within close proximity to the Mount Gambier Central Shopping Centre, Coles, Aldi, KFC and many more.
For Sale by Private Treaty.
For further information on this investment opportunity, feel free to contact the selling agents below:
Jack Dyson - Knight Frank
Matt Kain - Herbert Commercial
*Approx
Well-positioned within the Mount Gambier city centre, 53-57 Commercial Street East offers a fully leased, diversified retail investment.
Key investment features include:
- Fully leased asset with 6 individual tenants, anchored by a 7 year lease to Subway.
- Providing a net income of $95,394* per annum plus GST, with a WALE (by area) of 3.53 years.
- Situated on a highly exposed corner allotment of 890 sqm* with three street frontages.
- Built form of 557 sqm* with rear car parking accessed via Percy Street.
- Key positioning within the city centre within close proximity to the Mount Gambier Central Shopping Centre, Coles, Aldi, KFC and many more.
For Sale by Private Treaty.
For further information on this investment opportunity, feel free to contact the selling agents below:
Jack Dyson - Knight Frank
Matt Kain - Herbert Commercial
*Approx
Mount Gambier, 5290 demographic data
The median household income for Mount Gambier is $1,197, 1% higher than Regional South Australia's household income of $1,190. Mount Gambier has a younger age profile compared to the rest of Regional South Australia (median age 41 vs 47). Property ownership data shows 49% of property owners in Mount Gambier have a mortgage.
25,591
Population
$1,197 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
Herbert Commercial - Mount Gambier7 Helen Street
MOUNT GAMBIER, SA 5290
MOUNT GAMBIER, SA 5290
Knight Frank - Adelaide (RLA 199257)Level 29, 91 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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