Commercial Property - South Australia - ADELAIDE

Prominent Adelaide Office Tower

Prime central CBD location on corner of Grenfell Street and Wyatt Street with frontage to Hyde Street. 150m to Rundle Mall via several arcades and adjacent 'booming' Hindmarsh Square.
115 Grenfell Street is among Adelaide's premier CBD office buildings. Built in 1990 this building occupies a prominent corner site in the heart of the Adelaide CBD core precinct.
•115 Grenfell Street investment considerations include:
•- Prime corner CBD location - Fully leased to high calibre tenats - 55% secured by Government agencies and University of Adelaide - 15 level modern office tower
•- 13,903 sqm lettable area with 38 carparks - Net income $3.911m pa approx
•The opportunity to acquire 115 Grenfell Street represents perfect timing for investing into a market on the cusp of experiencing further strong renal growth and capital gain.
•Expressions of Interest close 23 October 2008 at 4pm (CST)

Colliers International RLA204 - Adelaide

Level 10 99 Gawler Place
ADELAIDE 5000

Phone Agent

Office Phone: 08 8305 8888 Listing Agent/s:
Alistair Mackie 0412 817 977

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Subject: Commercial Property - 115 GRENFELL STREET ADELAIDE, Property No. 5445848

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