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CBRE - South Australia (RLA 208125)

380 Goodwood Road Cumberland Park, SA 5041

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380 Goodwood Road,
Cumberland Park, SA 5041

Shop & Retail • Medical & Consulting

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CBRE - South Australia (RLA 208125)
380 Goodwood Road
Cumberland Park, SA 5041
CBRE - South Australia (RLA 208125)

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000

Map of 380 Goodwood Road

Directions
  • Train stations within 5 km of 380 Goodwood Road, Cumberland Park, SA 5041Distance
    Unley Park Station728 m
    Hawthorn Station930 m
    Millswood Station1.1 km
    Clarence Park Station1.2 km
    Emerson Station1.5 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 380 Goodwood Road, Cumberland Park, SA 5041Distance
    4 Forestville1.9 km
    5 Black Forest1.9 km
    7 Glandore2.2 km
    2 Wayville2.4 km
    9 South Plympton2.8 km
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  • Bus stops within 5 km of 380 Goodwood Road, Cumberland Park, SA 5041Distance
    10 Goodwood Rd - East Side84 m
    175 Cross Rd - South Side283 m
    9 Goodwood Rd - East Side334 m
    176 Cross Rd - South Side360 m
    11 Goodwood Rd - East Side367 m
    POWERED BY HERE ©
POWERED BY HERE ©

PREMIUM NON-DISCRETIONARY HEALTH & MEDICAL INVESTMENT

  • Anchored by SA icon National Pharmacies
  • 6.8 year WALE
  • Net rental of $231,520pa*
FREESTANDING INNER-METROPOLITAN TROPHY ASSET

CBRE Metropolitan Investments are thrilled to bring to market via public onsite Auction, 380 Goodwood Road, Cumberland Park. Located only 4.5kms from the centre of the Adelaide CBD, this freestanding asset is situated on one of Adelaide’s busiest roads amongst national and international brands Woolworths, Big W, McDonalds, BWS, Goodlife & AMF.

The tenancy mix is fully non-discretionary leased to medical & health based tenants in South Australian icon National Pharmacies and Professional Integrative Medicine both on long-term leases.

We further highlight key investment features for your consideration:

Passing Net rental of $231,520pa* as at June 2021
All outgoings (except those of a Capital Upgrade nature and Professional Integrative Medicine portion of Land Tax) are fully recoverable from the tenants including Property Management.
Weighted average leased expiry (WALE) of 6.8 years headlined by a 10-year lease to National Pharmacies expiring November 2028
Fixed increases set in both leased to CPI (National Pharmacies) and 3.5% (Professional Integrative Medicine)
Net lettable area of 526sqm* and land area of 1,904sqm*
28 on-site car parks and 30m* of frontage
Exceptionally strong underlying land value reflected by the Urban Corridor (Living) zoning in addition to a median house price almost 100% greater than the South Australia average

For Sale by onsite Public Auction @ 11:00am Thursday 15th April 2021 or CBRE Melbourne Offices 11:30am

For more information please contact the listing agents

*Approximately

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Property ID: 503786098Last Updated: 7 May 2021

Agency contacts

CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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Jing Jun (JJ) Heng
CBRE - South Australia (RLA 208125)
380 Goodwood Road Cumberland Park, SA 5041

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    CBRE - South Australia (RLA 208125)
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