66-68 Gawler Street Mount Barker SA 5251

APPEAL ON ALL LEVELS

Character property with plenty of options - hold as an investment, or part-occupy yourself with income from the balance of the space.

This prestigious building enjoys great street appeal from its corner position, located next door to the Mount Barker Police Station and diagonally opposite The Grays Inn Hotel. It forms a solid structure with accommodation on split levels, with so many character features including a vaulted ceiling exposing the old timber roof shingles, and a large cellar.

The property comprises TWO TITLES, one of which forms vacant land/car parking accessed off McLaren Street.
Total land area is approximately 496 sqm of which the car park land forms approximately 237 sqm.
Total building area is approximately 261 sqm.

Currently the building is set up with two commercial tenancies on the lower levels, and an Airbnb apartment on the upper level. All of these areas are self-contained with their own entrances, but can be re-combined in the future if so desired.

Tenancy 1 - FIXED TERM LEASE
Approximately 152 sqm over ground and basement levels
Tattoo Studio use
Lease expires 30-Nov-26, +3yr renewal option
Current rent $36,000 net pa

Tenancy 2 - PERIODIC LEASE
Approximately 42 sqm at lower ground floor level
Retail store trading as 'Vapen'
Monthly periodic terms, following expiry of the fixed term lease and renewal options.
Current rent: $17,850 net pa

Tenancy 3 - Airbnb
Approximately 66 sqm at upper level
Currently generating just under $20k pa in income

Zoned Suburban Main Street (SMS)

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076: