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Retail

3/6 Lea Street Hackham, SA 5163

Sold for $300,000 on 15 Mar 2022Floorplan
  • Building: 107m²
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Retail in Hackham

Leased Retail Investment - 6% Net Yield

  • Building: 107m²

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.

Building:

107m²

Zone:

LAC - Local Activity Centre//

Tenancy:

Vacant

3/6 Lea Street, Hackham, SA 5163