
1 Perseverance Road,
Tea Tree Gully, SA 5091
Shops & Retail
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Raine and Horne Commercial and Business
8 Greenhill RoadWAYVILLE, SA 5034

1 Perseverance Road
Tea Tree Gully, SA 5091
Map of 1 Perseverance Road
LEASED INVESTMENT - New 5 + 5 year lease
Raine and Horne Commercial are delighted to present 1 Perseverance Road Tea Tree Gully SA to the market.
Located in Tea Tree Gully with easy access to North East Road this property has a long history with the local community. Securely leased on a new five-year term with a five-year option to renew, the property presents an ideal opportunity for an astute investor. Currently utilised as a Licensed Restaurant with abundant nearby parking.
With improvements of approximately 306 square metres* consisting of an attractive stone-fronted building adapted for restaurant use. Located on approximately 538 square metres* of land, in a picturesque setting.
Approximate net income $83,400 + GST.
All enquiries and inspections are strictly by appointment with the agents listed below.
Tony Iasiello 0412 217 6...
David Burford 0447 200 7...
*All areas and dimensions are approximate
RLA 283100
Located in Tea Tree Gully with easy access to North East Road this property has a long history with the local community. Securely leased on a new five-year term with a five-year option to renew, the property presents an ideal opportunity for an astute investor. Currently utilised as a Licensed Restaurant with abundant nearby parking.
With improvements of approximately 306 square metres* consisting of an attractive stone-fronted building adapted for restaurant use. Located on approximately 538 square metres* of land, in a picturesque setting.
Approximate net income $83,400 + GST.
All enquiries and inspections are strictly by appointment with the agents listed below.
Tony Iasiello 0412 217 6...
David Burford 0447 200 7...
*All areas and dimensions are approximate
RLA 283100
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Tea Tree Gully, 5091 demographic data
The median household income for Tea Tree Gully is $1,607, 4% higher than Greater Adelaide's household income of $1,548. Tea Tree Gully has an older age profile compared to the rest of Greater Adelaide (median age 44 vs 39). Property ownership data shows 51% of property owners in Tea Tree Gully have a mortgage.
3,499
Population
$1,607 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
Raine and Horne Commercial and Business8 Greenhill Road
WAYVILLE, SA 5034
WAYVILLE, SA 5034
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