6-8 Market Square
Burra SA 5417
- 10 Parks
$650,000
Prime Market Square Commercial Investment with Owner-Occupier Potential
Located in the Heritage Township of Burra, this multi-tenanted commercial property in Market Square, offers immediate income, diversified tenancies, and potential owner-occupier flexibility.Property Overview
• Address: 6 & 8 Market Square
• Asset Type: Multi-tenanted commercial property
• Tenancies: Medical, retail, and ATM
Occupancy & Possession
The premises at 6 Market Square, currently occupied by Burra Medical Centre, may be available for owner occupation, subject to lease terms and agreement between the parties.
Alternatively, the property may be retained as an income-producing investment with existing tenancies in place.
Current Income Profile
Medical Tenancy – 6 Market Square $30,000 pa
ATM Lease $6,600 pa
Retail Tenancy – 8 Market Square $12,000 pa
Total Gross Income $48,600 p.a.
Leases
• Medical tenancy subject to a lease
• Retail and ATM tenancies in place
Prospective purchasers should rely on their own enquiries and review
Yield
• Gross Annual Income: $48,600
• Asking Price: $650,000
• Approximate Gross Yield: 7.4%
Gross yield calculated on current income and does not account for outgoings or future rental adjustments.
Future Income Potential
• Rear shed with separate access may provide potential additional income, subject to approvals and leasing arrangements
• Opportunity to enhance returns through future leasing or repositioning
Key Considerations
• Established commercial location
• Multiple income streams
• Potential owner-occupier or investor appeal
• Flexible holding or occupation options
Disclaimer
All information provided is believed to be correct but is not guaranteed. Interested parties should make their own independent enquiries, inspections, and obtain professional advice prior to purchase.
Features
General Features
- Land Area: 918sqm
- Commercial Type: Offices
- Building Area: 1sqm
- Zoning: Township Main Street Commercial
- Car Spaces: 10
Can I afford 6-8 Market Square ?
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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