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 0430745100

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.

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School catchments

Hackham East Primary School Primary R-6 Government 0.19km
Wirreanda Secondary School Secondary 7-12 Government 1.1km
Coorara Primary School Primary R-6 Government 1.2km
Hackham West School Primary R-6 Government 1.5km
Flaxmill School P-6 Primary R-6 Government 1.7km
Morphett Vale East School Primary R-6 Government 1.9km
Calvary Lutheran Primary School Primary R-6 Independent 2.0km
Huntfield Heights School P-6 Primary R-6 Government 2.1km
Antonio Catholic School Primary R-6 Catholic 2.5km
Pimpala Primary School Primary R-6 Government 2.8km
Woodcroft College Combined R-12 Independent 2.9km
Southern Vales Christian College - Morphett Vale Campus Combined R-12 Independent 3.0km
Christies Beach High School Secondary 7-12 Government 3.1km
Lonsdale Heights Primary School Primary R-6 Government 3.2km
Southern Montessori School - Middle School Campus Combined Independent 3.2km
Cardijn College - Marian Campus Secondary R-12 Catholic 3.2km
Noarlunga Downs Primary School Primary R-6 Government 3.5km
Christie Downs Primary School Primary R-6 Government 3.5km
Cardijn College - Marcellin Campus Secondary Catholic 3.7km
Sports College South Australia - South Adelaide Football Club Campus Secondary Independent 3.7km
Prescott College Southern Combined R-12 Independent 3.9km
Reynella East College Combined R-12 Government 5.7km
Sports College South Australia - The Cove Campus Secondary Independent 6.2km
Seaford Secondary College Secondary 7-12 Government 7.1km
Hallett Cove School Combined R-12 Government 7.2km
OneSchool Global SA - Aberfoyle Campus Combined 3-12 Independent 8.8km
Aberfoyle Park High School Secondary 7-12 Government 9.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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