PRIME RETAIL INVESTMENT RETAIL INVESTMENT OPPORTUNITY IN PRIME LOCATION!
Distributed over 5 tenancy areas, this fantastic investment opportunity represents great value with strong holding income and future development opportunity with the very flexible Local Centre Zone. A corner 1041sqm allotment in a prime location and total lettable area of 1490.03; items of not:
Retail investment on The Parade, Norwood 5 + 5 year lease from 2015
Net income of $77,500* per annum
Fixed 3% annual increases
Long term tenant of over 15 years
Auction on site 11:00am Thursday 8 December 2016
The vendor’s statement relating to matters affecting the land may be inspected during business hours at the Adelaide office of Knight Frank for three (3) business days prior to the auction and will be on display at the auction venue for at least 30 minutes prior to the auction