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95-97 Gouger Street
Adelaide SA 5000
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Sold on 27 Jun 2022

95-97 Gouger Street Adelaide SA 5000

  • Hotel, Motel, Pub & Leisure
  • 394 m²
  • Sold

THE PERFECT PACKAGE IN CHINATOWN

  • Securely leased to national group
  • New 7-year term from 1 Jan 2022
  • $183,660* Net passing income

The opportunity to present a strong tenant in the heart of Gouger Street and Chinatown is an exciting proposition in one of the states strongest markets. Further to this, this 500-odd metre stretch of road is some of the busiest retail food and beverage in the state and has been tightly held for the longest time.

95-97 Gouger Street in itself has been occupied by Gyoza Gyoza since 2015 and has busy trade 7-days a week. At the start of 2022, they signed into a new 7 + 7 year lease with a commencing rent of $200,000.

The other key investment highlights for this one include:
- $183,660* net passing income
- Fixed 3.5% annual review
- 7 year Lease renewal from 1 Jan 2022
- Secure tenant with national presence
- 394sqm* building
- Land Size: 388sqm*

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 573
Rhyce Scott: +61 422 960 585

Property Highlights

Date Sold27 Jun 2022
Floor Area394 m²
Land Area388 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017772395
Category
Last updated  27 May 2022
Map for 95-97 Gouger Street Adelaide SA 5000

Property Highlights

Date Sold27 Jun 2022
Floor Area394 m²
Land Area388 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017772395
Category
Last updated  27 May 2022
Level 5 151 Pirie Street Adelaide SA 5000

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