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CBRE - South Australia (RLA 208125)

1-3 Addison Road Pennington, SA 5013

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1-3 Addison Road,
Pennington, SA 5013

Medical & Consulting • Offices

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.
CBRE - South Australia (RLA 208125)
Rhyce Scott
Ned Looker
Oliver Grivell

CBRE - South Australia (RLA 208125)

Level 20/83 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
1-3 Addison Road
Pennington, SA 5013

Map of 1-3 Addison Road

Directions
  • Train stations within 5 km of 1-3 Addison Road, Pennington, SA 5013Distance
    Cheltenham Station534 m
    St Clair Station871 m
    Alberton Station1.1 km
    Woodville Station1.8 km
    Albert Park Station2.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1-3 Addison Road, Pennington, SA 5013Distance
    31 Torrens Rd - South Side200 m
    32 Addison Rd - East Side284 m
    32 Torrens Rd - South Side378 m
    30 Torrens Rd - South Side476 m
    30c Cheltenham Pde - East Side539 m
    POWERED BY HERE ©
POWERED BY HERE ©

Long WALE Prime Located Medical Centre

  • Well presented 1,275sqm* medical clinic
  • Estimated net passing income of $596,128
  • 2,493sqm* across two titles
CBRE are excited to present to market 1-3 Addison Road, Pennington for their valued client Australian Unity. This 1,275sqm* building offers an investor a single-tenant ‘set and forget’ investment opportunity with $596,128p.a.* of estimated net passing income. The property is leased on a 15-year term until 2033 with options out until 2054 to Family Doctor Pty Ltd – with over 80 locations around Australia.

The property is prominently situated on the corner of Addison and Torrens Roads with a total land size of 2,493sqm* across two titles. With over 25,000 daily passing vehicles, the property is well exposed and gives easy access to the 50 secure on site car parks.


The key investment highlights include:

- Estimated net passing income of $596,128p.a.
- Well presented medical clinic of 1,275sqm*
- Prime corner located site boasting 2,493sqm* across two titles
- 50 secure onsite car parks
- Secure lease to 2033 with 25 years of additional options
- Local Activity Centre zoning (City of Charles Sturt)

The property is for sale via Expressions of Interest closing at 4:00pm on the 3rd of October

For more information then please give the sole marketing agents from CBRE a call:

Ned Looker: 0448 689 5...
Rhyce Scott: 0422 960 5...
Oliver Grivell: 0478 069 5...

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Property ID: 504683264Last Updated: 12 Sep 2024

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