15 Main Street, Cowell, SA 5602

Brick Home With A Bank & ATM Attached!

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Description

Phone enquiry code for this property : 9091



15 & 15A Main Street, Cowell



RESIDENCE - $11,700 pa (12 month lease if required)

A very attractive solid brick home constructed approx 1965, purpose built to house Bank Manager. Comprising 3 bedrooms, separate dining, lounge, office, 1 bathroom, large lawned rear yard with brick garage and oversized carport.



INCOME - CORPORATE TENANT - WESTPAC

$24000 pa (inc gst) (120 m2) 3 year lease with three right to renew for 3 or 5 years. Rent increase annually based on cpi. Tenant pays 80% of outgoings for both properties, including rates, insurance, water (except power which is separately metered).



TOTAL - $35,700 pa



Property located in coastal town on Eyre Peninsula S.A.

Vendor will rent back residence for 12 mths, if buyer agrees. Asking price negotiable.



Phone enquiry code for this property : 9091

Features

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