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Securely Leased Commercial Investment

7/17-21 Ocean Street, VICTOR HARBOR SA, 5211

For Sale

Property for Sale in 7/17-21 Ocean Street, VICTOR HARBOR SA, 5211

Dodd & Page Pty Ltd

51 The Strand, Port Elliot, SA 5212

Listing ID:
11370541
Status:
Active
For:
Sale
Price:
$175,000
Last Updated:
06/03/2020
Icon building

Property Type

Offices/Retail
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Land Area

N/A
Icon size

Floor Area

64 SQM
Icon parking

Parking

N/A

Securely Leased Commercial Investment

Located in 'Flinders Arcade' with direct access to Ocean Street, Victor Harbor, this securely leased professional office has in recent years been fully renovated and reappointed.

With the same tenant in place for over 10 years and lease renewals extending until 2024 the opportunity to acquire freehold ownership provides a secure income at settlement.

Sited at the Northern portion of 'Flinders Arcade' the strata titled office has a sunny aspect, paved undercover pedestrian access and adjacent client/ customer parking.

The floorplan includes a spacious reception waiting room plus 3 office areas, 2 with plumbing connected. Appointments and facilities include overhead fans, ducted reverse cycle air conditioning, new floor coverings and NBN connected. A security system is installed and client bathroom facilities are adjacent.

The rendered finish exterior is complimented with low maintenance aluminium anodized windows and a covered walkway through to Ocean Street from the car park.

A yield in the range of 7% is available with the lessee responsible for the vast majority of outgoings, including strata fees, council rates, public liability insurance and essential services.

Contact sole selling agents Dodd and Page Pty Ltd for further property details. Inspection by Appointment. Members of the Real Estate Institute of South Australia since 1922.

51 The Strand, Port Elliot.

Philip Dodd 0409 094 202

Port Elliot Office 8554 2029

enquiries@doddandpage.com.au

For more details, please email agent

Dodd & Page Pty Ltd

51 The Strand, Port Elliot, SA 5212


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