52-70 Frome Street Adelaide, SA 5000
575 Carpark Bays.
FULLY LEASED CBD CARPARK WITH VALUE ADD
- DA Approved Value Add Potential
- Heart of East End
- Fully Leased Investment
- 3.94 Year WALE by gross income (as at 1 Aug 2019).
- Net passing income (fully leased) $2.244M pa approx.
- Approximately 94% of the gross rental is underpinned by a lease to Wilson Parking Australia (expiring 30 June 2023).
A 100% freehold interest in 52-70 Frome Street, Adelaide is offered for sale by Private Treaty.
Property ID: 503249034Last Updated: 17 Jul 2019