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  1. K

    Adelaide suburban commercial for sale

    Hi, recount of auction may help those of you looking to sell. We didn't get a lot of interest through the newspaper ads. Auction day was wet, cold & dreary. 2 parties [both investors] were interested but didn't bid. I told the agent that I'd most likely withdraw the property & went to Kuala...
  2. K

    Adelaide suburban commercial for sale

    Hi, shop sold @ 7.5% nett rent on current letter from prospective tenant. Buyer hasn't accepted the tenant yet as he's a builder who's probably going to build at the back. Possible to add 80m2 lettable area with small effort. Me, I'll have better cashflow & move on to look for property...
  3. K

    Adelaide suburban commercial for sale

    Hi,they're in Eden Hills.Ever since the manager went to Victoria, I've been plagued by mgt. A better manager can make far better yields. Obviously I bought for a ridiculous price but I'm asking 7% nett. The 2nd tenant got 2 shops for $1400 per month. At present rates re the other tenant, it's...
  4. K

    Adelaide suburban commercial for sale

    Hi, anyone interested in a block of 3 shops @ around $400000 fully leased? Main tenant: hairdresser 3+2 x 5 x 5 other tenant: printer 2+2 then rent review Both tenants are doing very well. Printer expanded to take over shop 2 at 20% rent discount. Hairdresser unfortunately got too...
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