50B Mckenzie Street, CEDUNA, SA 5690

Contact Daniel Eramiha for a rare opportunity to secure a substantial, income-producing commercial holding returning 7.4% ($59,068.81 p.a. + GST) and underpinned by a Government of South Australia tenant. Set on a generous 3,903m² allotment with multiple street frontages, this versatile site combines a functional 414m² office and amenities building with an expansive, fully fenced hardstand yard - ideal for fleet, plant and equipment storage. The building offers a practical layout of multiple offices, meeting and staff rooms, a kitchen and three bathrooms, complemented by a 99m² carport and extensive on-site parking. Currently home to the Eyre Peninsula Landscape Board, the property is leased to the Minister for Infrastructure & Transport through to 31 August 2027, with annual rent reviews providing built-in income growth. Positioned in Ceduna's established commercial precinct - the gateway to the Far West Coast and a key regional service hub - this is a genuine set-and-forget asset for the astute investor. Secure tenancy, strong covenant, and a sizeable land bank with future upside (subject to Council approvals). Opportunities of this calibre, with a secure government lease in regional South Australia, are seldom offered. Added 29 June, 2026 Property ID: #L41519465