Adelaide, 1 September 2014 – A high profile retail property in the heart of Victor Harbor has been listed for sale, unlocking an attractive investment opportunity in one of South Australia’s highly sought after waterside locations.
Located at 7/46-52 Ocean Street, the fully leased strata unit comprises three retail tenancies across 392sqm. The property is currently securely leased to Beyond Bank Australia, Save the Children and the National Hearing Centre.
CBRE’s Will Brown, who is selling the property in conjunction with Ben Heritage on behalf of PT Australasia Mitra Pty Ltd, said the property’s location would be a key selling factor.
“The property is centrally located within the main retail strip of Victor Harbor and commands great exposure and presence,” Mr Brown said.
“We expect interest from both passive investors and Self-Managed Super Funds looking for well-located leased investments such as this property.”
Mr Heritage said the property had recently undergone significant renovations, of which the new owner would capitalise on.
“The property has recently undergone major upgrades in the last few years, giving buyers significant depreciation benefits and the comfort knowing that the hard work has been done,” Mr Heritage said.
The property is being offered for sale by public auction and will be held onsite on Thursday, September 18 at 12pm.
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