17-19 Old Sturt Highway Nuriootpa SA 5355
- Factory, Warehouse & Industrial
- 701 m²
- Expressions of Interest
PREMIUM BAROSSA INVESTMENT 100% LEASED TO BRIDGESTONE AUSTRALIA
- - Blue Chip Tenant
- - Lease Expiry Sep 2027
- - World-renowned Barossa Valley
Cushman and Wakefield is pleased to offer to the market, 17-19 Old Sturt Highway Nuriootpa, a premium investment opportunity, 100% leased to Bridgestone Australia and located within Australia's most famous wine region, the world-renowned Barossa Valley.
Key investment highlights:
- 100% leased to Bridgestone Australia (Subsidiary of Bridgestone Corporation)
- Net income of $197,077 per annum (Oct 22) *
- 10 + 5 + 5 Lease commencing 1 October 2017
- Fixed annual 3% increases
- Purpose-built Bridgestone Truck Service Centre
- Total building area 701 m2 *
- Total site area of 4,868 m2 *
- Low site coverage ratio for potential future expansion
- Recently constructed facility offering significant tax depreciation benefits
- Large heavy duty, concrete hardstand area and on-site car parking
- Located within Australia's most famous wine region, the Barossa Valley
- Significant exposure to Sturt Highway (National Highway A20)
- Less than 2kms * from the Nuriootpa Township
- Land tax is recoverable (single holding) and no stamp duty payable
Cushman & Wakefield is proud to bring this outstanding property to the market and we strongly recommend it for your consideration.
17-19 Old Sturt Highway, Nuriootpa is being offered for sale by Expressions of Interest closing Thursday 23rd June 2022 at 4pm (ACST).
For more information or to schedule an inspection please contact exclusive selling agents, Cushman & Wakefield.
EXPRESSION OF INTEREST
|Closing date and time||23/06/2022 16:00|
|Recipient name||Ask Agent|
|Delivery address||Ask Agent|