Landlord Insurances The Lessor is responsible to ensure their commercial property is insured, much like you would your own home. In some cases, depending on lease documentation, the Lessor will be able to recover some of the cost associated with their building insurance policy, where specifically relating to the property. Other common types of insurance…Read More→
FOR SALE - EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF NARACOORTE'S CBD
Complete Commercial and Colliers are pleased to present 85 Smith Street, Naracoorte for sale by Private Treaty.
Fully occupied by AWM Accountants and Financial Advisors, this regional investment offers a secure, brand new 5+3+3 year lease. The property provides a net annual income of $74,075* and offers favourable annual rent reviews of 3.00%.
Improvements comprise 292sqm* of recently refurbished office space, split over two levels, and includes reception, 11 consulting rooms, boardroom, kitchen and bathroom amenity. The property is also fitted with a substantial 12.87Kw solar system, installed May 2021.
Positioned along the commercial and retail thoroughfare of Naracoorte, the property benefits from fantastic local exposure. 85 Smith Street sits amongst major national brands such as Westpac, NAB, CBA, The Reject Shop and Woolworths.
Key attributes include:
• Brand new 5+3+3 year lease commencing settlement
• $74,075* net annual income
• Favourable fixed 3% annual increases
• Central location in heart of Naracoorte
• Recently refurbished office space
• Zoned Township Main Street
• 12Kw solar system, installed May 2021
85 Smith Street, Naracoorte is for Sale by Private Treaty.
For further details, please contact the exclusive agents.
