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.
QUALITY OFFICES/CONSULTING ROOMS This Character Bungalow was converted some years ago to quality offices/consulting rooms which has been occupied by the current SA Government tenant since 1997.
A new lease is to commence on the 15/10/2006 at an annual rental of $20,167 with the tenant being responsible for the payment of all outgoings plus GST.
The building has a total floor area of 120 sq.m. and features separate facilities, ducted r/c air-conditioning, alarm system and security screens.
Fantastic commercial precinct and only minutes from Marion Shopping Town as well as being very close to public transport.