Significant Main Road Investment - Fully leased to Radio Rentals to April 2020, a well established retailer trading at this location for over 28 years
- NOI $922,405.40pa* from 18 April 2017
- Site area of 10,833sq m*
- Gross building area of 9,775sq m*
- 3.0% annual increases
For Sale by Expressions of Interest closing Thursday 23 March 2017 at 4pm (ACDT)
SOLD SOLD SOLD EXCEPTIONAL LEASED INVESTMENT LONG TERM LEASE TO RAPID SURF & SKI
Rapid Surf & Ski has been located at this site for over 30 years! Current lease to September 2021 with further 5 year Option. Current passing net rental of $59,091 pa. Quality improvements of 260 m2 with open showroom/retail, storage, office and amenities. High profile corner site minutes to the CBD with exposure to over 47000 vehicles daily*
*DPTI Traffic volume survey.
Auction: 11am Thursday 8th December 2016 on site (USB)
RLA 205498 & 166790
All areas & dimensions approx
FULLY LEASED INVESTMENT This refurbished commercial and retail complex is located in a prime position along one of Adelaide's main arterial roads in the popular commercial and retail hub of Prospect.
This complex has recently undergone a refurbishment of the highest standard and is able to be offered as a leased investment or opportunity to provide a mixture of tenanted suites and vacant areas perfect for an owner occupier or astute investor.
The property features
- Total site area approx 473m2
- Total building area approx 455m2
- Alarmed communal area
LEASED LEASED LEASED by Derek Blacker LEASED LEASED LEASED by Derek Blacker
Total NLA of approx 374sqm with great features including high clearance electric roller door access, access to rear storage yard through rear electric roller door, additional side storage hardstand (perfect for container storage and loading/unloading), disabled w/c, high clearance warehouse (approx 6.3m), reception/office, alarm system.
Call to arrange inspection today!
All inquiries Derek Blacker ph 0413274481 or firstname.lastname@example.org