Sold

1 / 15
$1,551,000

132 Port Wakefield Road, CAVAN SA 5094

650 m²

500 m²

Sold

1 / 15
$1,551,000

132 Port Wakefield Road, CAVAN SA 5094

650 m²

500 m²

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Catch of the Day!

- Multi-tenant investment opportunity
- Brand new 5-year lease to Sportfishing Scene commencing 1st June 2024
- Additional lease to Gardner Bearings for adjoining storage/warehouse
- Total income of $84,750 per annum plus recoverable outgoings
- Total site area of approximately 650 square metres
- Total building area of approximately 500 square metres
- Longstanding tenant with Sportfishing Scene trading for over 20 years
- Excellent street frontage and high traffic visibility

Higher Commercial is delighted to present 132 Port Wakefield Road, a prominent corner showroom and warehouse boasting excellent visibility, ample car parking, and exceptional exposure. This property offers a lucrative investment opportunity with two reliable long-term tenants and substantial annual returns.

Home to longstanding tenant, Sportfishing Scene, who have over 20 years' trading history from the site, the property is being sold with a brand new 5-year lease commencing 1st June 2024. 132 Port Wakefield Road also benefits from additional income from an adjoining warehouse, leased to Gardner Bearings.

Ideal for investors, 132 Port Wakefield Road, Cavan is available for sale with 'best offers' by Thursday, 4th July 2024 unless sold prior..

Disclaimer

This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903

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