Knight Frank is delighted to present 70-76 Wandearah Road, Port Pirie to the market for sale by Expressions of Interest. Offered with a leaseback to Southern Cross Austereo (SCA), and current license agreement to Vodafone, idealy suited for the astute investor.
Key investment features include:
Fully leased investment providing a net income of $73,145 per annum plus GST
Leased to Southern Cross Austereo (SCA) as well as a License Agreement to Vodafone Network for the use of the transmission tower.
SCA leased until 2025 with options through to 2035 Vodafone Network licensed until 5th March 2035.
Substantial built form of approximately 1,200 sqm* split between two levels.
Highly exposed 5,853 sqm* site inclusive of the adjoining dwelling providing tremendous frontage to Wandearah Road.
The property is centrally located within the township of Port Pirie, zoned Residential within the Port Pirie Regional Council.
70-76 Wandearah Road, Port Pirie is offered for sale by Expressions of Interest closing Thursday 29 October at 4pm.
This property is also available in conjunction with 60 Playford Avenue, Whyalla & 79 Mortlock Terrace, Port Lincoln.
For further information on this opportunity, feel free to contact the exclusive selling agents.