10 Cadell Street
Goolwa SA 5214
$1,050,000
Prime Coastal Commercial Investment
Sensational opportunity to secure a brilliant commercial investment in one of SA's premiere coastal holiday hotspots in Goolwa.Positioned in the heart Goolwa's thriving main street, directly opposite the Goolwa Hotel providing excellent exposure for the tenants in place, plus an easy stroll to many township features including the river, wharf precinct and Cockle Train Station.
Key features of the sale include:
• 1,006m² of land and approx. 550m² of building space under roof
• 3 secure, long-term, excellent tenants in place
• Currently returning $64,400pa + outgoings
• All 3 shops are extremely well fitted out and very inviting
• Rear access including tenant parking and delivery service spaces
• Near new public toilet facilities meeting all current requirements
• Grease trap to Thai Days
Having the 3 current tenants in place will give you peace of mind as they are all heavily invested in their businesses, have solid customer bases and proven business models that work, they will be long-term tenants and are excellent paying tenants.
Shop 1 – Coastal Skin & Beauty
Longstanding Skin & Beauty business with excellent customer base, owned by a young local family.
Lease: 31/05/2025 + 1 x 3yr renewal option
Shop 2- Thai Days Restaurant
The jewel in Goolwa's foodie crown, people drive from far and wide to enjoy this magnificent restaurant, the food, the service, the ambiance.
Lease: 31/03/2024 + 2 x 3yr renewal options
Shop 3 – Coorong Clothing
Another long-standing business, very popular with locals and visitors alike.
A solid, blue-chip commercial investment you can lock & leave and relax.
Please contact Lucas Bradley on 0438 404 492 for further details.
Features
General Features
- Land Area: 1,006sqm
- Commercial Type: Retail
- Building Area: 550sqm
Can I afford 10 Cadell Street?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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