- Long term lease to State Government
- Current rental of $66,486 per annum* plus GST and outgoings
- Net income of $60,271 per annum
- New lease expiring March 2027 with two options of 4 years
- Secure income with rent review annually to CPI
- Fully renovated high quality office building of 200 sqm*
- Ideal for investors who are looking for a set and forget investment
- No Stamp Duty or GST payable
- Inspection is strictly via appointment only
For sale via private treaty - asking price $860,000.
For further details regarding 146 Smith Street, Naracoorte contact Yee Ng or Simon Lambert of McGees Property (RLA 1722).
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