Tenancy 1 & 2, 214-216 Portrush Road,
Trinity Gardens, SA 5068
Key property information
Tenanted Investment Details
to arrange a private inspection.
Map of Tenancy 1 & 2, 214-216 Portrush Road
Dominant & Imposing – fully leased investment opportunity
- 2 great tenants: Spotlight & Pharmacy
- WALE 7.87 years
- $805k estimated Net income
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: 28 May 2020