379 King William Street, ADELAIDE SA 5000
Expression of Interest
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- 18 Nov 2016
Fully leased Quest Apartment Hotel
379 King William Street is a fully leased investment anchored by a ten year lease to a proven tenant.
Constructed in 2014, the property comprises an exceptionally well-presented serviced apartment tower trading as Quest Apartment Hotels.
The property is conveniently located in Adelaide’s central business district within short walking distance to the CBD core and Adelaide Central Markets and Chinatown precincts.
Key selling features include:
• Fully leased investment generating secure income
• 10 + 5 + 5 year lease to the anchor tenant
• Fixed 4% annual increases
• Prime King William Street location
• 2014 construction with exceptional presentation
• Substantial building allowance and depreciation benefits
The freehold interest in 379 King William Street is being offered for sale via an International Expression of Interest campaign closing on Thursday 8 December 2016 at 5pm (ACDT).
Please contact the exclusive selling agents to obtain any further information or to arrange an inspection.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Expression of Interest Details
- Close Date:
- 08/12/2016 05:00:00
- Recipient Name:
- Delivery Address:
- Knight Frank Expression of Interest
379 King William Street ADELAIDE