Description

Located in the thriving main precinct of Millicent, this solid stone commercial property offers an exceptional opportunity for investors or owner-operators. With dual street frontages to both George Street and Davenport Street, the site spans two separate titles and features three individual shops, ample rear access, and a large car parking area.

Key Features
• Two titles: CT 6272/634 & CT 6116/331
• Dual frontages: Prominent exposure to George Street plus Davenport Street rear access
• Three separate shops – two currently leased, two vacant and ready for a new tenant
• Extensive refurbishments including new gutters, and fresh interior and exterior paint
• Excellent parking: Large rear carpark (Lot 41) with long-term lease in place and potential future development options (STCC)

Breakdown of Spaces – Expected return $600 per week approx. + gst and outgoings

14 George Street
• Approx. 9.1m x 12.4m open-plan retail space
• Generous retail area, carpeted with reverse cycle air conditioning
• Rear storage, unloading bay, small kitchen, elevated office, and staff amenities
• Spacious storeroom, separate kitchen, and toilet
• Rear access with on-site parking – ready to lease immediately
• Currently looking to seek a new tenant. Advertised for $250 + gst per week + outgoings

14A George Street
• Approx. 4.1m x 12.2m retail/office space.
• Fully carpeted with reverse cycle air conditioning
• Rear storeroom with delivery access and on-site parking
• Currently looking for a new tenant. Advertised for $150 + gst per week + outgoings

12 George Street
• Shopfront with lino flooring and running water
• Rear storage with access to single carport
• Currently tenanted $90.00 per work inc gst and outgoings

Lot 41 Davenport Street
• Rear carpark with long-term lease in place. $100 per week + gst. No outgoings
• Street frontage offers development potential in the future (STCC)

Why Buy Here?
With a mix of established tenants, a vacant space for immediate income growth, and prime positioning in Millicent’s busiest retail strip, this property is a rare find. The solid stone construction, recent refurbishments, and dual street access make it an attractive and secure commercial investment.
For more details on leases and income potential, contact us today.