Knight Frank is pleased to present the opportunity to purchase 58 David Terrace, Kilkenny. A fully leased investment, located approximately 6.5 kms north west of the Adelaide CBD.
Key investment highlights include:
Fully leased net income of $117,060* per annum plus GST
Leased to global brand Pon.Bike (Australia) Pty Ltd until June 2023 with one further 4 year option
Modern improvements providing 952 sqm* of lettable area
Secure 926 sqm* site with onsite car parking
High profile, prominent corner location
In 2019 Pon Bikes delivered more than 650,000 bicycles globally, making them one of the top 5 players in the global bicycle industry**
Zoned Local Activity Centre within the City of Charles Sturt
Auction Cancelled Sold Prior
*Approx.
** www.pon.com