An outstanding opportunity presents itself with this substantial commercial/industrial property, ideally positioned in the heart of Karoonda's agricultural service precinct. Currently tenanted by a well-established farm machinery business servicing the surrounding rural region, this high-profile corner allotment offers excellent exposure and dual street frontage.
Property Features
* Large Retail Showroom & Office Area:** Includes reception, multiple offices, kitchen/staff area, heating and cooling for year-round comfort. * Attached Workshop & Storage:** Convenient roller door access to the workshop and storage areas, ideal for mechanical and equipment servicing. * **Main Implement Sheds: * Shed 1: Approx. 19m x 6m * Shed 2: Approx. 19m x 12.4m * **Rear Workshop:** Fully enclosed, approx. 12m x 7.7m - versatile space suitable for a range of industrial uses. * **Land Area: Situated across 3 titles with expansive landholding on a prominent corner allotment, offering flexibility for future development or expansion.
**Tenancy Details:**
* **Long-Term Tenant:** Operating as a farm machinery business since 2018. * **Lease Expiry:** 2027 - secure and reliable investment return.
Whether you're seeking a solid addition to your investment portfolio or a versatile industrial holding with long-term potential, this is a rare opportunity in the tightly held Karoonda commercial market.
**Contact us today** for further information or to arrange a private inspection.
Lease Term - 2018 to October 2027 Council Rates $1440.65 approx per annum Annual Rental $28920. Land Size 2629m2approx
We thank our vendors for allowing us to sell their property within the Murray Mallee area of Karoonda.
For more information or for any real estate enquires, current market trends or to sell your property please call Sylvia Presepio on 0411 465 496.
Navigate around the town; 1 km Karoonda and District Soldiers' Memorial Hospital 1.4 km to Karoonda Silo Art 300m to Karoonda Area School 600m to Karoonda Football Club 66 km to Murray Bridge
RLA 178186 Disclaimer: 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 and financial advice.
