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214-216 Portrush Road Trinity Gardens, SA 5068

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214-216 Portrush Road,
Trinity Gardens, SA 5068

Shop & Retail • Showrooms & Bulky Goods

Price information

Sale

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Key property information

Land area

Floor area

Car spaces

Parking info

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$805,000
Number of Tenants
2 Tenants
Tenants / Type
Spotlight

Private inspections

to arrange a private inspection.

Map of 214-216 Portrush Road

Directions
  • Train stations within 5 km of 214-216 Portrush Road, Trinity Gardens, SA 5068Distance
    Adelaide Railway Station4.1 km
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  • Tram stops within 5 km of 214-216 Portrush Road, Trinity Gardens, SA 5068Distance
    Tram Rundle Mall3.9 km
    Tram Pirie St4 km
    Adelaide Railway Station4.1 km
    Victoria Square Station4.1 km
    Tram City South4.2 km
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  • Bus stops within 5 km of 214-216 Portrush Road, Trinity Gardens, SA 5068Distance
    143 Portrush Rd - East Side21 m
    8 Magill Rd - North West Side166 m
    8a Portrush Rd - East Side229 m
    9 Magill Rd - South East Side262 m
    7 Magill Rd - South East Side335 m
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Dominant & Imposing – Fully Leased Investment Opportunity

  • 2 Great Tenants: Spotlight & Pharmacy
  • WALE 7.87 Years
  • $805k pa Net Income (estimated)
Just 4km east of the Adelaide CBD, 1km north of Norwood Town Centre. Situated on the eastern side of Portrush Road 100 m north of Magill Road intersection in the suburb of Trinity Gardens. Portrush Road is a major arterial road with over 36,000^ vehicles passing daily and traverses north south connecting directly with the M1 Princess Highway (^DPTI).

Fully leased on completion late 2016 to Spotlight Pty Ltd trading as Spotlight for 12+ years and MJC Pharma Pty Ltd trading as the Trinity Gardens Pharmacy for 7+ years.

A dominant structure of solid high quality build completed by Pascale Construction. Thoughtfully designed by Matthews Architects utilising precast painted concrete panels with allowance for the future installation of windows as required, high grade powder coated aluminium shopfronts and quality internal finishes inclusive of LED lighting and polished concrete floors.

The first floor is serviced by two large lifts for customers and deliveries, leased to Spotlight. The ground floor provides for lobby and access to Spotlight and a tenancy occupied by the Trinity Gardens Pharmacy.

With such strong investment attributes (WALE 7.87 Years) Leedwell have no hesitation in recommending serious consideration by those seeking an outstanding long term investment.

Property ID: 503466550Last Updated: 20 Sep 2020

0411 *** ***
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214-216 Portrush Road
Trinity Gardens, SA 5068

Agency contacts

Leedwell Property - Adelaide (RLA 222531)
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Peter Gambranis
Leedwell Property - Adelaide (RLA 222531)
214-216 Portrush Road Trinity Gardens, SA 5068

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Peter Gambranis

    Leedwell Property - Adelaide (RLA 222531)
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