Lot 1, 55 Lower Portrush Road Marden, SA 5070
1.26ha (3.11 acres)
SLAM DUNK INVESTMENT OPPORTUNITY
- 5+5+5 year lease
- $191,307pa* net rental
- Fixed 4% annual rent increases
A community titled sports center leased to Mars Sports group on a 5+5+5 year option from February 2017. Mars have occupied the space since 1997 and are now well established in this location.
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: 15 Mar 2019