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178 Main Road
Blackwood SA 5051
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Sold on 24 Feb 2022

178 Main Road Blackwood SA 5051

  • Medical / Consulting
  • 881 m²
  • Sold

ULTRA PASSIVE ENTRY LEVEL INVESTMENT

  • 10-year lease to Vet Partners
  • $75,000pa* commencing rental
  • Net lease structure

CBRE Metropolitan Investments are very excited to bring to market, a fantastic commercial investment at 178 Main Road, Blackwood. The long lease on the property is perfect for super fund investors or high net worth private investor and with the net lease structure the property is truly 'set and forget'.

The property has a 40+ year trading history as a veterinary practice which will no doubt provide comfort to investors of its continued success. We further highlight the below qualities:

Commencing rental of $75,000pa* (excluding allowance for Land Tax)
Tenant pays all outgoings excluding Land Tax
Brand new 10-year lease expiring 11th October 2031
CPI annual increases
5+5 year option to renew
Fantastic corner location on 881sqm*
Lettable area of surgery 240sqm*
Suburban Business zone

For Sale by Public Auction Thursday 24th February 2022 onsite at 11:00am

Please contact the sole marketing agents with any other questions:
Mitch Curnow: +61 415 494 056
Harry Einarson: +61 421 747 442

Approximately*

Property Highlights

Date Sold24 Feb 2022
Floor Area881 m²
Land Area881 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017552438
Category
Last updated  9 Mar 2022
Map for 178 Main Road Blackwood SA 5051

Property Highlights

Date Sold24 Feb 2022
Floor Area881 m²
Land Area881 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017552438
Category
Last updated  9 Mar 2022

Co-Agents

Mitch Curnow
Mitch Curnow
CBRE South Australia RLA 208125
Call
+61 415 494 056
Harry Einarson
CBRE South Australia RLA 208125
Call
+61421 747 442

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