Lot 1, 55 Lower Portrush Road Marden, SA 5070
1.26ha (3.11 acres)
Tenanted Investment Details
SLAM DUNK INVESTMENT OPPORTUNITY
- 5+5+5 year lease
- $191,307pa* net rental
- Fixed 4% annual rent increases
With the current improvements being clearspan the property offers great flexibility to utilise the space as suits the tenant/operator’s requirements. The property has shared amenities and ample sealed car parking on site to provide ease of access for customers.
- 5 + 5 + 5 year lease from 1st of February 2017 providing long term income to an incoming investor
- Passing net rental of $191,307* p.a.
- Total floor area of 3,375sqm* GLA currently utilised as a sports centre and offices
- Access from Lower Portrush Road
- Tenant pays for all outgoings (excluding Land Tax)
- 7.5% - 8% return
For Sale for Private Treaty - $2,500,000
For further information please contact exclusive marketing agents CBRE:
Mitch Curnow - 0415 494 056
Harry Einarson - 0421 747 442
Ned Looker - 0448 689 573
RLA 208125 *Approx.
Property ID: 503128974Last Updated: 24 May 2019