2 & 3, 1160 Old Port Road,
Royal Park, SA 5014
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
Key property information
Floor area
Parking info
Property extent
Tenure type
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Pirie Property Group
Level 1, Suite 106, 147 Pirie StreetADELAIDE, SA 5000
2 & 3, 1160 Old Port Road
Royal Park, SA 5014
Map of 2 & 3, 1160 Old Port Road
Outstanding Investment Opportunity - Modern Fitness Centre
- Attractive rental returns
- Investor-friendly net leaseback terms
- Available separately or 'in one line'
Key Highlights:
UNIT 2
Two level premises of 484 sqm*.
Lease to commence upon settlement.
5 + 5 year lease term.
Commencing rental of $96,000 per annum net
Outgoings: Net lease, with all outgoings payable by the tenant (excluding State Land Tax).
Fixed 3.50% annual rent reviews with a review to market at renewal.
Leased to Team Nero Pty Ltd trading as 'Redstar Training Centre'.
Bank guarantee security.
UNIT 3
Two level premises of 416 sqm*.
Lease to commence upon settlement.
5 + 5 year lease term.
Commencing rental of $84,000 per annum net
Outgoings: Net lease, with all outgoings payable by the tenant (excluding State Land Tax).
Fixed 3.50% annual rent reviews with a review to market at renewal.
Leased to Team Nero Pty Ltd trading as 'Redstar Training Centre'.
Bank guarantee security.
For more information, contact the agents below:
David Reid
0418 810 8...
Adam Linke
0438 425 8...
*Approximately
RLA 336384
UNIT 2
Two level premises of 484 sqm*.
Lease to commence upon settlement.
5 + 5 year lease term.
Commencing rental of $96,000 per annum net
Outgoings: Net lease, with all outgoings payable by the tenant (excluding State Land Tax).
Fixed 3.50% annual rent reviews with a review to market at renewal.
Leased to Team Nero Pty Ltd trading as 'Redstar Training Centre'.
Bank guarantee security.
UNIT 3
Two level premises of 416 sqm*.
Lease to commence upon settlement.
5 + 5 year lease term.
Commencing rental of $84,000 per annum net
Outgoings: Net lease, with all outgoings payable by the tenant (excluding State Land Tax).
Fixed 3.50% annual rent reviews with a review to market at renewal.
Leased to Team Nero Pty Ltd trading as 'Redstar Training Centre'.
Bank guarantee security.
For more information, contact the agents below:
David Reid
0418 810 8...
Adam Linke
0438 425 8...
*Approximately
RLA 336384
Royal Park, 5014 demographic data
The median household income for Royal Park is $1,414, 9% lower than Greater Adelaide's household income of $1,548. Royal Park has a younger age profile compared to the rest of Greater Adelaide (median age 37 vs 39). Property ownership data shows 56% of property owners in Royal Park have a mortgage.
3,453
Population
$1,414 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
Pirie Property GroupLevel 1, Suite 106, 147 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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