1 & 3 Addison Road,
Pennington, SA 5013
Medical & Consulting • Shops & Retail • Other
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$596,128
Number of Tenants
1 Tenant
Tenants / Type
Medical
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
1 & 3 Addison Road
Pennington, SA 5013
Map
Blue Ribbon Freestanding Metropolitan Healthcare Investment
- High Profile Multi-Disciplinary Medical
- 15 Year Net Lease
- Net Income: $596,128 pa* + GST
Burgess Rawson is pleased to offer to the market 1 & 3 Addison Road, Pennington (Adelaide) SA for sale via Private Treaty.
The property has the following key investment highlights:
+ 15 year lease to 2033 plus options to 2058
+ Compounding fixed 3% annual increases - guaranteed growth
+ Net Lease with Tenant paying all usual outgoings including rates, insurances and land tax
+ Lease secured by strong bank guarantee
+ Family Doctor: over 80 multidisciplinary medical & dental centres across Australia
+ Exceptional 2,493sqm* main road corner freehold sites over two separate titles
+ Huge 146m street frontage and exposure (across both titles)
+ 37,000 vehicles passing daily
+ Modern 1,136sqm* two level medical facility constructed 2013
+ Includes Guardian Pharmacy integrated to medical centre
+ Significant taxation saving depreciation
+ Important 47 on-site car spaces
+ Pennington – well establshed inner city Adelaide suburb 11 kilometres north-west of CBD
+ Stamp Duty Free Investment
+ Net Income: $596,128 pa* + GST
For Sale via Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx.
The property has the following key investment highlights:
+ 15 year lease to 2033 plus options to 2058
+ Compounding fixed 3% annual increases - guaranteed growth
+ Net Lease with Tenant paying all usual outgoings including rates, insurances and land tax
+ Lease secured by strong bank guarantee
+ Family Doctor: over 80 multidisciplinary medical & dental centres across Australia
+ Exceptional 2,493sqm* main road corner freehold sites over two separate titles
+ Huge 146m street frontage and exposure (across both titles)
+ 37,000 vehicles passing daily
+ Modern 1,136sqm* two level medical facility constructed 2013
+ Includes Guardian Pharmacy integrated to medical centre
+ Significant taxation saving depreciation
+ Important 47 on-site car spaces
+ Pennington – well establshed inner city Adelaide suburb 11 kilometres north-west of CBD
+ Stamp Duty Free Investment
+ Net Income: $596,128 pa* + GST
For Sale via Private Treaty
Please contact the exclusively appointed sales team for more information.
*Approx.
Property ID: 504530728Last Updated: 18 Apr 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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