Free standing Caltex branded Woolworths service station leased to Woolworths Limited for a 15+5+5 year term commencing November 2001 with the initial lease term running until 2016. Magnificent regular shaped site located directly opposite the Marion Hotel at Marion, with covered canopy, approximately 20 pumps and a large convenience store, landscaping, hardstand, plus ancillary storage and amenities.

Property Highlights include:

> Balance of a 15+5+5 year long lease to Woolworths Limited
> Net passing income of approximately $351,630.12 pa + GST (as at November 2012) with CPI rental reviews (max 4%)
> High profile main road location within Adelaide's metropolitan area approximately 13km from the Adelaide GPO and approximately 3km from Westfield Marion Shopping Centre
> Landmark property located directly opposite the Marion Hotel
> Regular shaped site of approximately 2,862 square metres with a frontage of approximately 54.84 metres
> Flexible 'Neighbourhood Centre' zoning

For sale by Private Treaty

Jones Lang LaSalle RLA 1842