Retail for Sale

Lameroo

$850,000

Tenanted Investment service station property for sale in regional South Australia

2,186 m2

Fortune Properties is proud to offer sale of a prime investment opportunity at Lameroo regional SA!

Commanding an outstanding and high exposure corner landholding in a beautiful town of South Australia, this exceptional investment opportunity can be summarized by the following key attributes:

- + 4 year lease, plus options of 5+5+5 upto 2043, to a service station operation with leading Fuel Brand.

- Attractive net lease structure with the tenant paying all usual outgoings & annual Increases

-  Annual rental increment as per CPI

-  Current Rent: $72,000 plus GST and Outgoings which increases upto $96,000 + GST and outgoings from April 2025

- The property features a refitted service station, convenience store, Mechanical workshop, shed and Showroom with 3 offices

- 8.5% rental yield till March 2024 and post that 11.3% rental yield.

 

If you are looking for a good rental yield for your investment this opportunity is for you.

Suburb Lameroo
Price $850,000
Property Type Commercial
Property ID 191
Category Retail, Showrooms/Bulky Goods, Land/Development
Land Area 2,186 m2
Office Area 1m2

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