Properties for lease and sale
New price $165,000 - $175,000
7/17-21 Ocean Street, Victor Harbor SA 5211
Web ID: #1P2065
Securely Leased Commercial InvestmentLocated in 'Flinders Arcade' with direct access to Ocean Street, Victor Harbor, this securely leased professional office has in recent years been fully renovated and reappointed.
With the same tenant in place for over 10 years and lease renewals extending until 2024 the opportunity to acquire freehold ownership provides a secure income at settlement.
Sited at the Northern portion of 'Flinders Arcade' the strata titled office has a sunny aspect, paved undercover pedestrian access and adjacent client/ customer parking.
The floorplan includes a spacious reception waiting room plus 3 office areas, 2 with plumbing connected. Appointments and facilities include overhead fans, ducted reverse cycle air conditioning, new floor coverings and NBN connected. A security system is installed and client bathroom facilities are adjacent.
The rendered finish exterior is complimented with low maintenance aluminium anodized windows and a covered walkway through to Ocean Street from the car park.
A yield in the range of 7% is available with the lessee responsible for the vast majority of outgoings, including strata fees, council rates, public liability insurance and essential services.
Contact sole selling agents Dodd and Page Pty Ltd for further property details. Inspection by Appointment. Members of the Real Estate Institute of South Australia since 1922.
51 The Strand, Port Elliot.
Philip Dodd 0409 094 202
Port Elliot Office 8554 2029