Situated in the heart of Tennant Creek's retail and commercial precinct, this commercial suite of two tenancies offers a fantastic opportunity for an investor or owner/occupier to expand their portfolio.
The Facts:
- Unique opportunity to purchase a two-tenancy property
- Tenancy 1 (formerly leased to ANZ since the 1970's) measuring 256 sqm approx
- Tenancy 1 is available to re-lease or to occupy for own operation Approx $60,000 pa ex GST
- Tenancy 2 leased to Desert Therapy currently utilising 3 + 3 option periods measuring 106 sqm approx
- Tenancy 2 current rental $26310 pa ex GST
- Tenancies are easily converted for floor plan modifications
- Ample angle parking at front, secure covered parking at rear
- Additional area available for further development
- Ducted air-conditioning and split systems
- Council Rates: $7371 pa 2024
- Insurance $4205 pa 2024
This property delivers to the new owner a property with exclusive frontage to the main street of Tennant Creek. The larger tenancy would be ideal for a business owner who wishes to operate a retail outlet or a variety of other uses. The return would be higher should a new tenant be sourced.
Added 20 May, 2024
Property ID: #L26931885
