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
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.