Fantastic investment property situated in the heart of the Keith CBD in the upper South East of South Australia. Spacious substantial brick complex with 2 separate current tenancies plus ample off street parking.

LEGAL DESCRIPTION: Allotment 128 Hundred of Stirling in the township of Keith being the whole of the land comprised in CT 5269/650 (copy attached).

LAND SIZE: 20.11m x 50.29m = 1,011.33 sqm.

LOCAL GOVERNMENT RATES: For 2009/2010 = $1,872.88.

ZONED: Town centre (by the Tatiara District Council of 43 Woolshed Street, Bordertown SA 5268, phone 08 8752 1044).

CURRENT LEASE DETAILS:
1) Use - Pharmacy
5 year Memorandum of Lease commenced 01/01/2009 and expires 31/12/2013.
2 further 5 year rights of renewal apply.
Current Rent $28,000 per annum plus GST = $30,800 per annum.
Rent increases annually subject to CPI.
Rent reviews at end of each term.
(Copy of Lease available on request.)

2) Use - Doctors Surgery
Currently a periodic Lease agreement applies.
Current rent $8,203.64 per annum plus GST = $9,024.00 per annum.

Landlord pays all Rates and Taxes for the within property.

An opportunity to purchase an affordable commercial property in the thriving Keith township showing good returns.

SALE METHOD: This property is offered for sale by way of Expression of Interest closing at 5 pm on the 30th November 2009 at the office of Keith First National Real Estate cnr Hender and Makin Street (PO Box 355) Keith SA 5267.

GST: As this property i  

• Prominent Central Main Street Location • High exposure retail / office space approx 70m2 • Separate private office with split system air-conditioner • Kitchenette plus two separate toilets & storeroom • Separate 2 bedroom 1 bathroom private & self-contained unit at the rear of the building, with private courtyard, single car garage, open kitchen/living area, driveway access from Main Street. • Shop and unit each have own electricity meter • Shop front currently vacant, unit currently tenanted • Sale exclusive of GST
A very well located solid building in the town centre of Keith, presenting a great opportunity for an owner occupier to secure a prominent commercial premises or an investor looking for the flexibility of a commercial and residential lease on one title.  

Commercial investment property situated in the heart of Keith, consisting of 3 separate shops on 1 title.
All shops are currently leased showing an excellent return in excess of 10% net.
Shop 1 – Vacant
Shop 2 – lease expires 30/06/2009 with a 3 yr option
Shop 3 – Vacant
Tenants pay all outgoings.
Excellent commercial investment opportunity at an affordable price, for full details contact us now!  

· 5 bay colourbond shed
· 3 phase power
· Fully Fenced
· Street Frontage
· 1012m²  

Early 1900 building, highway frontage, an icon building of Keith extensively renovated throughout including indoor, outdoor, dining and entertainment areas. Premises features men’s and ladies toilets, laundry and 20 x 20 storage shed.

Well known and established businesses in place, currently operating as a licensed restaurant/ coffee and gift shop.

Great investment, solid returns, contact Keith First National for full details.