Auction Location: 49-51 Cheek Avenue & 4 Hurst Road, Gawler East

LJ Hooker Commercial is proud to present to the market 49-51 Cheek Avenue & 4 Hurst Road, Gawler East for sale by On-Site, Public Auction.
The property is a long standing and locally supported neighbourhood centre offering a diverse yet complimentary tenancy mix with secure tenants.
Opportunities such as this fully leased investment are seldom found and would be an advantageous addition to any portfolio.

The property features the following key characteristics:
• Strong holding income of $162,512.97• net
• Corner position with frontages to Cheeky Avenue and Hurst Road
• 8 tenants occupying 10 shops
• Ample car parking with 78• car parks
• Long standing and locally serviced centre
• Gross building area of 921• sqm
• Zoned General Neighbourhood - GN
• Substantial land holding across two allotments of 5,314 sqm•

Open for Inspection:
Wednesday, 3rd August 2022 at 12:00pm - 1:00pm
Wednesday, 10th August 2022 at 12:00pm - 1:00pm
Friday, 19th August 2022 at 11:00am - 12:00pm

Sale Method:
For Sale by ON-SITE PUBLIC AUCTION | FRIDAY 19TH AUGUST 2022 AT 12:00PM

Contact Mario Bonomi 0412 080 993, Fendi Klementou 0426 258 030 or Mark Tettis 0433 139 892 for more information.

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•• All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

RLA 231015