SITE: Frontage to Commercial Street West of 19.51m by a depth of 50.29m to give a site area of 981m2.
IMPROVEMENTS: Showroom/Warehouse building of Mount Gambier Stone construction with Gable roof. Building area is approx. 330m2.

The property is offered For Sale SUBJECT TO the existing lease to the STIHL SHOP Franchisees on the following terms and conditions -
INITIAL TERM - 3 years commencing 1st February 2022
RENEWAL TERM - 3 years expiring 31st January 2028
CURRENT RENT - $27,278 p.a. + GST + outgoings
RENT INCREASE - 1st February 2027 to CPI
Outgoings - Lessee pays Council Rates, SA Water Rates and E.S. Levy

Copies of Original Lease and Assignment of Lease available.

Extra Information:
Land Size / 981m2
Council / City of Mount Gambier
Zoning / Employment

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Please read the Consumer and Business Services Form R7 http://www.cbs.sa.gov.au/assets/files/form_r7_warning_notice.pdf in reference to any financial or investment advice contained within this communication. Liability limited by a scheme approved under Professional Standards Legislation.