Unit 6, 72-78 Carrington Street, Adelaide is a fantastic securely leased investment in a great inner CBD location.
Providing approximately 105 square metres of light filled office space, the unit has recently undergone refurbishment including new carpets and LED lighting.
The accommodation offers four partitioned offices, open plan office space, kitchenette and boardroom and its position at the north eastern corner on the first floor of the building ensures there is plenty of natural light to the unit.
Leased to TIB Business Advisors for a 5+5 year term that commenced on 1 January 2019, the property generates net income after outgoings of approximately $34,000pa plus GST. The lease provides for annual rental increases of 3.5%, providing excellent rental growth.
Unit 6, 72-78 Carrington Street is a fantastic investment that is a worthy addition to your property portfolio, or alternatively would make a great first investment in the commercial market.
For sale by Expression of Interest closing 4pm on Thursday 21 March 2019.
For more information please contact exclusive selling agents JLL.
Inspection strictly by appointment only.
RLA 1842