188A Main South Road Morphett Vale SA 5162

Shop & Retail
Sold

10 YEAR LEASE TO NATIONAL PHARMACIES

Outstanding "Blue Chip" leased investment to national tenant being National Pharmacies. 10 year lease expiring November 2021. Tenant has been in occupation on this property since 1998.

Net income of $146,614 pa* (as at 1st November 2016) with fixed 3.5% increases.

Exceptional main road exposure to over 24,000* vehicles daily on Main South Road.

Fantastic presentation and fitout of shop with strong trading history.

Set amongst a strong retail precinct in Morphett Vale.

Standalone property on a site of 640sqm* and NLA of 448sqm.*

Flexible zoning of District Centre by the City of Onkaparinga.

For Sale by Public Auction on-site Friday 26th August 2016 at 11am.

Property Highlights

Date Sold	26 Oct 2016
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2012963155
Category	Shop & Retail Offices
Last updated	8 Mar 2018

Map for 188A Main South Road Morphett Vale SA 5162

Property Highlights

Date Sold	26 Oct 2016
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2012963155
Category	Shop & Retail Offices
Last updated	8 Mar 2018

Level 5 151 Pirie Street Adelaide SA 5000

Agency profile

Ben Heritage

CBRE South Australia RLA 208125

+61 *** ***

+61 438 690 867

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