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Sold on 16 Dec 2019

Lot 1, 55 Lower Portrush Road Marden SA 5070

  • Hotel, Motel, Pub & Leisure
  • 3,375 m²
  • Sold

SLAM DUNK INVESTMENT OPPORTUNITY

  • 5+5+5 year lease
  • $191,307pa* net rental
  • Fixed 4% annual rent increases

A community titled sports center leased to Mars Sports group on a 5+5+5 year option from February 2017. Mars have occupied the space since 1997 and are now well established in this location.

With the current improvements being clearspan the property offers great flexibility to utilise the space as suits the tenant/operators requirements. The property has shared amenities and ample sealed car parking on site to provide ease of access for customers.

- 5 + 5 + 5 year lease from 1st of February 2017 providing long term income to an incoming investor
- Passing net rental of $191,307* p.a.
- Total floor area of 3,375sqm* GLA currently utilised as a sports centre and offices
- Access from Lower Portrush Road
- Tenant pays for all outgoings (excluding Land Tax)
- 7.5% - 8% return

For Sale for Private Treaty - $2,500,000

For further information please contact exclusive marketing agents CBRE:

Mitch Curnow - 0415 494 056
Harry Einarson - 0421 747 442
Ned Looker - 0448 689 573

RLA 208125 *approximately

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015005258
Date Sold16 Dec 2019
Floor Area3,375 m²
Land Area1.26 ha
ParkingAsk Agent
Category
Last updated  12 Sep 2019
Map for Lot 1, 55 Lower Portrush Road Marden SA 5070
Map for Lot 1, 55 Lower Portrush Road Marden SA 5070Lot 1, 55 Lower Portrush Road Marden SA 5070
CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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