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89 Melbourne St North Adelaide SA 5006

  • Offices
  • 48 m²
  • For Sale, $289,000 + GST

Investment Opportunity - Long Standing Tenant of 20 years.

    Located in the heart of Melbourne Street, North Adelaide amongst the active retail/ cafe/ office precinct lies this fantastic investment opportunity and the perfect addition to your property portfolio.

    Within a Strata group addressed as 81- 91 Melbourne Street and made up of four ground floor occupants that are diverse in nature (ie. restaurant, consultancy and beauty), the address is also home to 18 residential apartments with separate foyer access.

    Features of the property include:

    - 48 sqm (approx.) lettable area

    - Prime exposure and frontage to Melbourne Street.

    - Tenant: South Australian Immigration Services Pty Ltd trading as "Australian Immigration Consultants" ( a passing tenant of some 20 years at the same premises).

    - Rental: $15,600 p.a + O/G + GST ( $1,300 p.m + O/G + GST).

    - Lease option renewable up until 2029.

    - Full Information Memorandum available on request.

    If you have any questions or would like to inspect the property, please do not hesitate to contact Nicolas Mastrangelo on 0401 790 753, Pasquale Mastrangelo on 0409 465 863 or the Mastracorp Office on 08 8212 0140.

    Property Code: 1900

    Property Highlights

    Property ID2016152196
    Floor Area48 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  9 Nov 2020
    Map for 89 Melbourne St North Adelaide SA 5006
    Map for 89 Melbourne St North Adelaide SA 500689 Melbourne St North Adelaide SA 5006
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Property Highlights

    Property ID2016152196
    Floor Area48 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  9 Nov 2020
    Mastracorp Real Estate
    4/60 West Terrace Adelaide SA 5000

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