Oakbank / Mount Barker - RLA 173455
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  • 47A Main Street, LOBETHAL, SA 5241

47A Main Street, Lobethal, SA 5241

  • 1 Bed
  • 1 Bath

For Sale

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INVESTORS TAKE NOTE! QUALITY COMMERCIAL BUSINESS PREMISES (BUILDING ONLY)

Rarely available Commercial investment opportunity in the thriving hills township of Lobethal.

Privately but centrally located at 47A Main Street, Lobethal this spacious purpose-built gymnasium sits on a 434 square metre allotment that is virtually maintenance free. Securely leased on a 5 + 5-year agreement to a successful gym/fitness operator the property enjoys a healthy gross return on investment while also showing excellent capital growth.

With all outgoings paid by the Tenant, this building of 373 square metres of floor space is essentially the perfect 'set and forget' investment. In excellent condition throughout, with a kitchen/office, bathroom and children's playroom 47A Main Street, Lobethal is a commercial property that is very worthy of your consideration.

For full details phone Neil Wallis on 0407 895 055 (Please note the business of the Tenant is not for sale - Land/building only available to purchase).

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avatar Neil Wallis
Neil Wallis
Licensed Real Estate Agent

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Property Info:
  • Property ID: L31404830
  • Property Type:Other
We Know Your Area
R&H Suburb Profile: Lobethal
R&H Suburb SummaryHouses
Number of sales39
Average Price$685,577
Median Price$665,000
Median Rental Price$540 p.w.
Change in Rental Rate (5yr)53 %
Median Trend - $665,000
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