2/2 Mary Street

Yankalilla SA 5203

An outstanding opportunity to step into Commercial Property Investment with this 1800 sqm property, zoned Town Centre and currently occupied by the owner. Along with the sale of the property the owners are offering a 3 x 3 long term lease to be signed at a sensible monthly rate. A commercial lease offering a better than 8% return based on the asking price with the surety of the solid lease has to be attractive.
Currently disposed as a number of out buildings including storage sheds and separate ablutions block and the main office/ factory building. A high clearance under-cover loading bay is situated outside double doors to the factory and a lean-to area on the exterior opposite wall of the factory provides further storage.The main building is a lined corrugated clad structure; the factory open plan and the offices being defined by simple stud wall subdivisions for the most part. Upon entry the main office area suited to a service counter comprises an open plan area with three workstations and two other private office spaces plus a lunch room with plumbing. Another small office or staff locker room completes the floorplan. Adjoining the offices and with internal access between the two is a factory area with cement floors, full lighting, washing facilities and some current business specific infrastructure. Both the offices and factory areas have various air conditioners. The grounds themselves are neat and tidy with bitumen throughout, security style fencing across the front. Some basic but well tended landscaping including maintained grassed areas have the grounds looking very good.
For further details please contact Jeff Copley.