65-71 Princes Highway, Nairne

*UNDER CONTRACT*

MULTI STREAM COMMERCIAL INVESTMENT

• High exposure corner site with approximately 56.5m of frontage to the western end of Nairne’s main street.
• Income potential from three streams – Motor Mechanic, Pizza Café, and Residence
• Both commercial leases have recently been renewed, currently returning a combined net rent of $41,327 pa + GST
• The neat and tidy residence is ready for occupation (reasonably expected to rent for between $450 to $500 pw as per local Residential Agent assessment), or potential to be leased commercially (STCC)
• Total approximate floor area 659 sqm
• Total approximate site area 1,651 sqm

The residence comprises 3/4 bedrooms, large character lounge/family room with original ‘bakers oven’ and a pleasant outlook over the well kept cottage garden, plus car port.

There is a spacious driveway area at the rear providing a generous amount of off street parking. Access via Junction Street.

A portion of the Pizza Café tenancy has been sub-let to a Barber.

Zoned 'Township Main Street'
Mount Barker District Council

Single Torrens Title

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:

Nigel Grivell 0414 257 999
Harry Sanders 0431 057 346