Ripley Arcade, 1-8/2 Short Street,
Mount Gambier, SA 5290
Shops & Retail
Price information
Sold
$655,000
Key property information
Floor area
Tenure type
Sold on
Map of Ripley Arcade, 1-8/2 Short Street
Commercial Freehold Opportunity. 8.5 - 9% ROI
RIPLEY ARCADE
Rare Opportunity, these don't come up often.
Ripley Arcade is located in prime location with high traffic in the Centre of Mount Gambier, and connects between 2 main streets, Commercial Street East and James Street.
8 shops available with 7 fully tenanted with new leases. 5 of these tenancies with a long lease in place.
All Premises upgraded recently with over $100,000 Being spent on works.
A great opportunity to invest in property.
approx. $61,776 return Per Annum as stands currently with one shop vacant.
Rare Opportunity, these don't come up often.
Ripley Arcade is located in prime location with high traffic in the Centre of Mount Gambier, and connects between 2 main streets, Commercial Street East and James Street.
8 shops available with 7 fully tenanted with new leases. 5 of these tenancies with a long lease in place.
All Premises upgraded recently with over $100,000 Being spent on works.
A great opportunity to invest in property.
approx. $61,776 return Per Annum as stands currently with one shop vacant.
Property ID: 501392475Last Updated: 26 Jul 2020
04190327...
Ripley Arcade, 1-8/2 Short Street
Mount Gambier, SA 5290
Malseed Real Estate - MOUNT GAMBIER1 Wehl Street South
MOUNT GAMBIER, SA 5290
MOUNT GAMBIER, SA 5290
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