17 Synagogue Place Adelaide SA 5000

Securely leased, 176 sqm* ground level retail space comprising 89 sqm* tenancy and 87 sqm* valuable outdoor space.

Newly established lease until 29 February 2024 with further terms of 3 + 5 years.

Annual rental of $49,500 p.a.* plus outgoings (excluding Land Tax) with annual CPI increase.

Situated metres from vibrant Rundle Street in the popular East End in one of the CBD's fastest developing precincts.

Adjacent two of Adelaide's tallest buildings incorporating new hotel (Crowne Plaza).

Tenancy built 2012 and includes a/c, commercial exhaust, grease trap.

$790,000 (6.3% initial yield).

For further details and to arrange an inspection contact James Juers or Tim Pozza of McGees Property (RLA 1722).

(*approx.)