87-89 Essington Lewis Avenue, Whyalla, SA 5600

Retail
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Published on: 22 Aug 2024
Last updated on: 01 Oct 2024
87-89 Essington Lewis Avenue, Whyalla, SA 5600
87-89 Essington Lewis Avenue, Whyalla, SA 5600
87-89 Essington Lewis Avenue, Whyalla, SA 5600
+14
87-89 Essington Lewis Avenue, Whyalla, SA 5600
  • 14
Property ID: 504670548
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Key property information

Land Size
1,623.00 m2
Floor Area
1,002.00 m2
Tenure Type
tenanted

8% Yield Anticipated | Entry Level Freehold Retail Opportunity | Stamp Duty Free Investment

87-89 Essington Lewis Avenue, Whyalla, SA 5600
Burgess Rawson is pleased to offer to the market 87-89 Essington Lewis Avenue, Whyalla SA, for sale by Private Treaty.  

This investment has the following key highlights:

+ Fully leased investment opportunity across five longstanding retailers. 
+ Anchored by Azzopardi Butchers, a century long business established in the 1920's and successfully operated by fifth generation owners.
+ Investor preferred net lease terms with tenants responsible for all usual outgoings.
+ Favourable annual CPI reviews across all tenancies. 
+ Well maintained two level freehold incorporating butcher, retail, legal service and disability employment tenancies.  
+ Prominent 1,623sqm* two level freehold LAC zoned landholding with 40m* frontage to Essington Avenue and important ROW access at rear of building.  
+ Strategically located directly opposite Foodland Shopping Centre. 
+ Absolute CBD location with ALDI, BCF, Supercheap Auto, Spotlight and the Woolworths-anchored Westland Shopping Centre all with 3.5km.* 
+ Strength of region highlighted by the Australian Federal Governments recent plans to build a world-leading hydrogen power plant in Whyalla SA as part of their $2bn investment in the Hydrogen Headstart Program. (1)
+ Whyalla: largest industrial city and principal centre for manufacturing, 3rd most populous city with over 21,200 residents, median house price increased by 19.2% in the last 12 months. (2)
+ Stamp duty free investment opportunity. 
+ Net Income: $93,673 pa* + GST.

For Sale by Private Treaty.

For further information, please contact the exclusive selling agents below:

Zomart He 何梓轩 | 0488 220 830
Sam Mercuri | 0413 830 709

Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401

* Approx
1 SA Premier
2 Whyalla City Council & Realestate.com.au

Property Details

Basic Info

Property Type
RetailOfficesOther
Listing Status
On Market
Land Size
1,623.00 m2
Address
87-89 Essington Lewis Avenue, Whyalla, SA 5600
Zomart He 何梓轩
Zomart He 何梓轩
Sam Mercuri
Sam Mercuri
Level 20, 150 Lonsdale Street, Melbourne, Vic 3000
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Contact Agent

Email enquiry to Burgess Rawson - Melbourne

Zomart He 何梓轩
Zomart He 何梓轩
Sam Mercuri
Sam Mercuri
Level 20, 150 Lonsdale Street, Melbourne, Vic 3000
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      Property ID: 504670548

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