966-970 South Road, EDWARDSTOWN SA 5039
$2,975,000 (under offer)
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- 25 Oct 2016
Long Term Lease - Established Tenant
New 5+5 year lease to Elite Bedding commencing 8th July 2016.
Modern improvements of 1,524sqm*
Commanding land holding of 3,939sqm.*
Expansive frontage to South Road of 49 metres.*
Fixed 2% annual increases.
Net income of $214,472 pa.*
Asking Price: $2,975,000 showing a circa 7.15% return.
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
966-970 South Road EDWARDSTOWN