Freehold Investment Opportunity - Circa 7% Return * Service Station currently leased to Woolworths Ltd * 15 year + 5 year + 5 year lease - commenced 2002 * Net rental of $343,779 p.a. plus GST * Tenant pays all outgoings including Land Tax * Annual review to CPI (All Adelaide Group) * Corner site of 2,116 sqm (approx) * Inspections strictly by appointment with the consultants only
MAIN ROAD DEVELOPMENT SITE (stnc) - Total site area 759 sqm (app)
- Located on the corner of Brighton Road & Byre Avenue
- Current improvements include 4 coolrooms & freezer (former meat processing plant)
- Zoned Light Industry
PRIME INVESTMENT Located opposite Westfield Marion Shopping Centre. Securely leased to two excellent tenants. Police Credit Union - 7 year lease. SA TAB 5 year lease. Gross annual income $140,926 plus GST (net income estimated at $125,588). Building area 402 sqm. Site area 970 sqm.
TO BE SOLD BY AUCTION ON THE PROPERTY AT 11:30AM THURSDAY 4 AUGUST 2011.