93-95 St Vincent St Port Adelaide SA 5015

Cushman and Wakefield is pleased to offer to the market, 93-95 St Vincent Street, Port Adelaide, a premium investment opportunity in the prized healthcare sector.

Constructed in 2009 for Red Cross Lifeblood, the blood donation clinic is perfectly positioned on a corner site with three street frontages, in the heart of the revitalised Port Adelaide.

100% leased to Australian Red Cross Society on a new 5+2+2 year lease, and boasting net income of $190,738 per annum, the opportunity provides savvy investors with a strong income stream and a secure lease to a blue chip tenant in the essential medical and healthcare sector.

Cushman & Wakefield is proud to bring this outstanding investment opportunity to the market and we strongly recommend it for your consideration.

Key property highlights:

100% leased to Australian Red Cross Society

Net income of $190,738 pa*

715sqm* corner site

629sqm* medical building

Annual CPI rent reviews

NO STAMP DUTY IN SA

93-95 St Vincent Street, Port Adelaide is for sale by public auction onsite Thursday 2 May 2024 at 11am.

For more information or to arrange an inspection, please contact the agents.

JED HARLEY

0418 807 920

jed.harley@cushwake.com

SAM ALEXANDER

0457 888 213

sam.alexander@cushwake.com

RLA

315726

*approximate