12-14 Washington Street, Port Lincoln, SA 5606Price: $449,000
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Rent Income Covers 100% plus
Commercial property fully leased by blue chip tenants until February 2022 who have a further right of renewal of 3 years.
Situated in the heart of the CBD surrounded by other offices and retail outlets.
The building comprises three offices with two being large enough to be utilised as conference rooms if required. The reception area is spacious and there is a further large area comprising 4 work stations.
The building also includes 2 bathrooms, a kitchen and the original safe room for storage of valuable items and documents.
The building is fully airconditioned.
At the rear of the building there is room for the parking of 5 cars and there is also a large storage shed and rainwater tank.
The rental on this property covers 100% and more of the full purchase price as a loan as well as all rates and taxes. A very profitable investment indeed.
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.