Fantastic commercial investment opportunity in the CBD of Murray Bridge, located only 75km from the city of Adelaide.
Situated just off the busy main street of Murray Bridge, this allotment is made up of three leased retail shops totaling 329sqm with a combined annual return of $46,036.32 exc GST. A small storage shed is included at the rear of the property with access from Third Street that can also be Leased to generate further income.
With the security of guaranteed returns and a great location, this is a perfect opportunity to purchase and invest in this rapidly expanding town. Contact our office to arrange an inspection today on 08 8532 3833.
Zoning | Suburban Main Street |
Tenanted | Yes |
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 342 |
Average Price | $495,542 |
Median Price | $475,000 |
Median Rental Price | $460 p.w. |
Change in Rental Rate (5yr) | 80 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 8 |
Average Price | $334,688 |
Median Price | $316,250 |
Median Rental Price | $380 p.w. |
Change in Rental Rate (5yr) | 81 % |
10-20 Seventh Street, Murray Bridge,
South Australia, 5253