214-216 Portrush Road Trinity Gardens SA 5068
- 3,661 m²
- Expressions of Interest
Dominant & Imposing fully leased investment opportunity
- 2 great tenants: Spotlight & Pharmacy
- WALE 7.87 years
- $805k estimated Net income
Just 4 km east of the Adelaide CBD, 1km north of Norwood Town Centre. Situated on the eastern side of Portrush Road 100 m north of Magill Road intersection in the suburb of Trinity Gardens. Portrush Road is a major arterial road with over 36,000 vehicles passing daily and traverses north south connecting directly with the M1 Princess Highway.
Fully leased on completion late 2016 to Spotlight Pty Ltd trading as Spotlight for 12+ years and MJC Pharma Pty Ltd trading as the Trinity Gardens Pharmacy for 7+ years.
A dominant structure of solid high quality build completed by Pascale Construction. Thoughtfully designed by Matthews Architects utilising precast painted concrete panels with allowance for the future installation of windows as required, high grade powder coated aluminium shopfronts and quality internal finishes inclusive of LED lighting and polished concrete floors. The first floor is serviced by two large lifts for customers and deliveries, leased to Spotlight. The ground floor provides for lobby and access to Spotlight and a tenancy occupied by the Trinity Gardens Pharmacy.
With such strong investment attributes (WALE 7.87 Years) Leedwell have no hesitation in recommending serious consideration by those seeking an outstanding long term investment.
EXPRESSION OF INTEREST
|Closing date and time||12/03/2020 16:00|
|Recipient name||Ask Agent|
|Delivery address||Ask Agent|
|Floor Area||3,661 m²|
|Land Area||4,216 m²|
|Parking||91 x Onsite parkings|
|Annual Return||Ask Agent|
|Last updated||11 Feb 2020|