170 Hancock Road,
Ridgehaven, SA 5097

"REMINDER AUCTION THIS WEDNESDAY 21 st 11 am - ON SITE"
Here is a excellent opportunity to purchase a very well situated Commercial Property in the suburb of Ridgehaven and St Agnes area. Securely lease to very long tenants - TAILS PET CENTRE, who sub - lease to adjoining RAW SYNERGY- Hairdressers.
* Total building / improvements area is 775.6 sqm* with the back portion of the property 264.1 available to new buyers for own use, or potential for future development to maximize future income.
LEASE DETAILS: Current lease expires on the 6th April 2022, together with 3 (three) rights of renewal of 5 (five) years each. Current (net) rental annual income is $61,230.00 for 73%* of the property that the Lessee occupies.
* Front parking for approximately 12 cars
* Right of way to back area of the premises
* Land title area - 1355 sqm*
* Construction is Besser block, steel and iron construction
* Refer to enclosed plans for tenancy layout and overall dimensions

This property is well situated just off North East Road, around the corner from the Newly Developed St Agnes Shopping Centre.

170 Hancock Rd enjoys excellent exposure from a very high volume of passing traffic, easy to access and good front customer parking.

AUCTION "ON SITE" WEDNESDAY 21ST JUNE 2017 - 11 am

Inspections are by appointment only with selling agent
Graham Moody
0417 833 242
* Denotes Approximate