188A Main South Road, MORPHETT VALE SA 5162
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- 12 Oct 2016
10 YEAR LEASE TO NATIONAL PHARMACIES
Outstanding "Blue Chip" leased investment to national tenant being National Pharmacies. 10 year lease expiring November 2021. Tenant has been in occupation on this property since 1998.
Net income of $146,614 pa* (as at 1st November 2016) with fixed 3.5% increases.
Exceptional main road exposure to over 24,000* vehicles daily on Main South Road.
Fantastic presentation and fitout of shop with strong trading history.
Set amongst a strong retail precinct in Morphett Vale.
Standalone property on a site of 640sqm* and NLA of 448sqm.*
Flexible zoning of District Centre by the City of Onkaparinga.
For Sale by Public Auction on-site Friday 26th August 2016 at 11am.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
188A Main South Road MORPHETT VALE