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Level 2, 276 Flinders Street Adelaide SA 5000

  • Offices
  • 404 m²
  • For Sale, $2,450,000


  • Two tenants with net rent $163,654pa*
  • Long term WALE of 5.62 years
  • Asking yield of approximately 6.7%

Situated on the second floor of 'Flinders Loft' above exceptionally popular café 'Flinders Street Project', L2, 276 Flinders Street is nestled amongst a sensational streetscape. Located perfectly between the Hutt Street and the Rundle Street/East End, this vibrant area will ensure tenant demand remains strong.

Currently fully occupied with long term leases in place, this two-tenancy office investment provides a differentiated product with attractive yield, outstanding quality and surrounding amenity.

Further details as follows:
- Second floor office with two tenancies in popular East Adelaide precinct
- NLA of 404sqm*
- Fully leased providing a passing net rental of $163,654pa*.
- Tenants Advantage One & Save the Children on long term leases
- Fixed 3% and 4% increases respectively
- Long term income WALE of 5.62 years
- Further 5-year options on both leases
- Modern building further improved by surrounding amenity
- Shared foyer and bathroom facilities situated on Level 2
- 4 car parks all leased by tenants

For Sale via Private Treaty - $2,450,000

For more information, please contact:

Mitch Curnow - 0415 494 056
Ned Looker - 0448 689 573

RLA208125 *Approx

Property Highlights

Property ID2015127878
Floor Area404 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
Last updated  15 Jun 2020
Map for Level 2, 276 Flinders Street Adelaide SA 5000
Map for Level 2, 276 Flinders Street Adelaide SA 5000Level 2, 276 Flinders Street Adelaide SA 5000
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CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

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