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1052 Port Road Albert Park SA 5014

  • Factory, Warehouse & Industrial
  • 6,718 m²
  • Commercial Auction

Renewed Triple Net Lease to ASX Listed Tenant

    + Secure 5+5+5 Year Triple Net Lease to Coates to 2036
    + Irreplaceable 18,488sqm with combined street frontage of over 277 metres
    + Coates: owned by ASX-listed Seven Group Holdings (ASX:SVW) with a market cap of $8.75billion
    + Tenant pays 100% of outgoings including land tax
    + Gross Building Area of 6,718sqm with significant capital upgrade recently undertaken
    + Pandemic proof tenant, identified as essential business.
    + Longstanding tenant in occupation since 1998
    + Albert Park: established suburb midway between Port Adelaide and the Adelaide CBD
    + Net Income: $578,668 pa + GST

    For Sale by Investment Portfolio Auction
    11am (AEST) Tuesday 28 September 2021

    RLA 312687 & RLA 313040

    Auction date and time28/09/2021 11:00
    Auction location1052 Port Road, Albert Park SA
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Shaun Venables
    Burgess Rawson & Associates
    Shaun Venables
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017217120
    Floor Area6,718 m²
    Land Area1.85 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  31 Aug 2021
    Map for 1052 Port Road Albert Park SA 5014
    Map for 1052 Port Road Albert Park SA 50141052 Port Road Albert Park SA 5014
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Shaun Venables
    Burgess Rawson & Associates
    Shaun Venables
    Burgess Rawson & Associates

    Property Highlights

    Property ID2017217120
    Floor Area6,718 m²
    Land Area1.85 ha
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  31 Aug 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Adam Thomas
    Burgess Rawson & Associates
    Adam Thomas
    Burgess Rawson & Associates
    Shaun Venables
    Burgess Rawson & Associates
    Shaun Venables
    Burgess Rawson & Associates
    Adam Thomas

    Adam Thomas

    Burgess Rawson & Associates

    Shaun Venables

    Shaun Venables

    Burgess Rawson & Associates

    0418 *** ***
    0418 998 971

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