SOLD BY ROMUALDO CICCHIELLO - Secure lease to Precious Cargo Child Care Centre to 2026 - Plus an additional 2 ten year options - Licensed for 105 places - Purpose built childcare centre, constructed in 2010 - Located near the corner of Cross Road and Goodwood Road - In close proximity to a recently redeveloped retail shopping centre with Big W and Woolworths as anchor tenants - Rare Eastern suburbs land holding of 2300m2 (approx) on main arterial road with multiple use options - Current Annual Rent: $269,784 + GST + Outgoings
Don't miss out on this outstanding passive investment opportunity
HIGH PROFILE RESTAURANT/CAF PREMISES PRIME INNER METRO LOCATION Excellent facilities incl air conditioning, security, cool rooms, kitchen, grease trap, licenced for 130 people (100 inside and 30 outdoor) and ample rear car parking. 198 m2 restaurant/amenities/kitchen and office area, 42 m2 verandah and rear storage shed of 35 m2. Exposure to an average of over 29000 vehicles daily ** . Land size 929m2. Zoning Mixed Use - Belair Road Zone All areas/dimensions approximate ** Transport SA Average daily traffic volumes survey
Ground floor (known as Unit 1 and Unit 2) Quality tenant in superbly appointed two storey building in one of Adelaide's finest locations. Comprising 2 strata titles leased to one quality tenant. Good yield in a tightly held location. Shop Area approx. 100m2 per unit (not including carport, under-stair storage, WC or veranda)
Occupied by iconic Adelaide business - "Just Tickled Pink" comprising open shop areas and kitchen leased to 15th December 2017 along with one further right of renewal of 2 years.
QUALITY INVESTMENT PROPERTY Very well located property with rear on-site parking. Fully leased (3 tenancies) - net Income $94,328 excluding Land Tax (estimate), A most desirable property in a highly sought after and tightly held area.
Auction on the Property Thursday 3rd May 2007 at 11.00am