Residential Lot for Sale, 11 Murray Street, Kingscote, SA 5223, Australia

Century 21 Kangaroo Island offers this investment opportunity, 11 Murray Street Kingscote.
Currently leased as a parcel postage facility to Australian Postal Corporation. Lease commenced 16 January 2023, initial lease term 5 years plus option for further 3 years.
Lease inclusive of;
Annual rent review fixed at 2.5%
Mains power and water
Toilet/wash room facilities
Current rent $15,990 per annum
Operating Costs/Outgoings - Lessee to pay costs in accordance with the lease.
Zoned - Township Mainstreet
Approximate dimensions of shed 23m x 11m, inclusive of concrete floor and concreted apron area surrounding the shed.
Inspection strictly by appointment and all contact direct to the agent. Interested parties are requested not to visit the site without permission due to privacy reasons.
For more information contact selling agents at Century 21 Kangaroo Island, Michael Barrett 0427 727 333 or Marnee Clifford 0486 312 375