244-244A The Terrace, Port Pirie West, SA 5540

Price: $275,000

  • hotel 1
  • hot_tub 1
  • directions_car 2

Two Rentals in One Location - Residential Apartment and Shop

82804


The apartment has secure tenants. Access is by way of a private lane and there is parking area for both the shop and apartment under a large new heavy duty carport. The open yard area of this property is very low maintenance. As an investment property these two combined rental properties represent a great return on investment and as the property is in a prime location occupancy is almost guaranteed.

Located on one of the cities busiest arterial roads with ample customer parking. The shop has long term tenants. Prior to leasing, the building underwent a complete renovation. It is currently leased as a fish and chip and gourmet pizza shop but could lend itself to many applications due to its ideal central location. Such as Hair Dresser salon. Doctors or chiropractic clinic. Lawyers or accountancy rooms etc. This shop has a very long history as one of the longest food serving businesses in Port Pirie. As the building has had an extensive renovation, a new buyer can simply sit back relax and let this prime location business grow your portfolio.... if you buy this freehold your buying a building that's already been renovated and already has good tenants. Tenants pay all outgoings. Rent, SA Water, Sewer, Insurance, Emergency services levy, power, maintenance etc. This premises's location is within 100 mt of the local Tafe centre. This location also boasts a newly renovated upmarket apartment located at the rear of the shop.

Rent for apartment $185, rent for shop $1430

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Mobile: 0488 847 018
Enter Phone Code when promted.

Need a Conveyancer or a Contract?

Contact Karen on 0438 838 018 at First Paige Property Settlement Services for help with your Real Estate paperwork (Form 1 & Contracts) or email if you have questions. admin@firstpaigeform1.com

Visit Website

View Original Listing: For Sale By Owner