Secure Federal Government Lease - Central CBD Location

Description

+ Federal Ministers office for the Seat of Barker Mr Tony Pasin, sitting local member since 2013
+ Secure 3 year Federal Government lease to March 2023 plus options through to 2029
+ Net leases, with Government paying usual outgoings as per lease
+ Annual rent reviews
+ Solid 260sqm* building over two levels with impressive modern office fit-out
+ Central 530sqm* CBD site with triple frontage including walkway on East side
+ Important 6 onsite car spaces
+ Prime CBD position amongst many national retailers and local Council Chambers
+ Mount Gambier: home to the famous ‘Blue Lake’ and gateway for the tourism region known as The Limestone Coast generating circa $100 million for the local economy
+ Mount Gambier: major commercial centre and South Australia’s second largest urban city, population circa 30,000
+ Rent $53,000pa

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
Crown Casino, Melbourne.

RLA 293472

In conjunction with
Herbert Commercial
David Herbert 0408 849 080
08 8725 0500
commercial@herbertcommercial.com.au

Do you own a similar property?

Enquire

Contact agents
Raoul Holderhead Partner
0413 860 304
Enquiry Form

Mount Gambier, SA

27 Commercial Street East

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 150

Contact agents
Enquire