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592 Portrush Road Glen Osmond SA 5064

  • Offices
  • 226 m²
  • Commercial Auction

PERFECTLY PRESENTED OFFICE INVESTMENT

  • Long-Term tenant on 3-year lease
  • Modern 226sqm* office accommodation
  • Prime corner location

592 Portrush Road is a premium office building with a prominent frontage and a desirable eastern suburbs address. With prime exposure to nearly 40,000* daily passing vehicles, the property has excellent tenant history thanks to the 226sqm of modern open-plan office space.

The tenant, Wotherspoon Wealth has a 3-year lease paying a net annual rental of $51,552* With CPI annual reviews and have one further 2-year option remaining.

Situated on an elevated corner allotment, the property is hard to miss with approximately 45m* frontage to Portrush and Pridmore Roads.

- Lease term of three years
- Premium tenant mix since the buildings completion in the early 2000s
- Net annual rental of $51,552*
- 685sqm* site with two street frontages to Portrush and Pridmore Roads
- 9 off-street secure car parks
- 226sqm* open plan modern office space

For Sale by On-Site Public Auction Thursday 5th September 2019 at 11:00am

For further information please contact exclusive marketing agents CBRE:
Harry Einarson 0421 747 442
Mitch Curnow - 0415 494 056
Ned Looker - 0448 689 573

RLA 208125 *approximately

Auction date and time05/09/2019 11:00
Auction locationOn Site Public Auction

Property Highlights

Property ID2015511831
Floor Area226 m²
Land Area685 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  16 Aug 2019
Map for 592 Portrush Road Glen Osmond SA 5064
CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

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