For sale · Other
12 Margaret St
Mount Gambier SA 5290
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Prime Commercial Property
Prime Commercial Investment Tenanted
Strong Rental Return
Situated in a prime position on Mount Gambier's busy Margaret Street.
The first tenancy located at the front of the property is leased to Local Chef Kirby Shearing.
Currently a Fine dining restaurant called Elementary.
At the back, there are storage sheds of various sizes; each storage unit has after-hours access.
The overall property sits on approx. 1075 sqm with street frontage and parking onsite.
The restaurant is approximately 72 sqm
The storage sheds are approximately 265 sqm
To organise your personal inspection, call Luke on 0490 459 107
Particulars
- CT: Title Volume: 5323 Title Folio: 790
- Zoning: Commercial
- Council: City of Mount Gambier
- Council Rates: Paid by tenant - $808.74 p.q
- Council Rates: $725.01 Storage Sheds
- Current restaurant rental is: $2,258.67 per month + GST + Outgoings
Current Storage Units income
- Sewerage Supply: Approximately TBA p/q
- Water Supply: Approximately TBA p/q
- Property type
- Other
- Land size
- 1,075 m²
- Building size
- 72 m²
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Rather talk? Call 1300 123 276