12 Renmark Avenue,
Renmark, SA 5341
Shops & Retail
Key property information
Land area
Floor area
Tenure type
Sold on
Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
(08) 8305 88...
12 Renmark Avenue
Renmark, SA 5341
Map of 12 Renmark Avenue
Healthy High Yielding Investment
- National tenant - Priceline Pharmacy
- Strong income from long standing tenant
- Leased to Oct 2025 plus options to 2035
Colliers International are pleased to present the opportunity to purchase 12 Renmark Avenue, Renmark. An exciting opportunity to invest into the Riverland region, with a strong national retail brand, underpinned by the regions thriving viticulture and citrus industry.
Key Investment considerations include:
- Well-located along Renmark’s main high street, situated at the eastern end submersed around local and national retailers.
- Leased to Renmark Pharmacy Pty Ltd trading as Priceline Pharmacy until 31st October 2025 plus options through to 2035.
- Providing a net income of $89,440* per annum with fixed CPI rental reviews annually.
- Dual access via the Fourteenth Street car park.
- Net lettable area of 395sqm* designed to suit pharmaceutical tenant.
- Regular site configuration with an area of 444sqm* and a 9.8m* frontage to Renmark Avenue.
*approx.
Colliers International is exclusively appointed to offer for sale 12 Renmark Avenue, Renmark via Expressions of Interest closing Thursday 18 April 2019 at 4pm (ACST).
An information memorandum is available upon request.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Tom Isaksson +61 422 154 570
Key Investment considerations include:
- Well-located along Renmark’s main high street, situated at the eastern end submersed around local and national retailers.
- Leased to Renmark Pharmacy Pty Ltd trading as Priceline Pharmacy until 31st October 2025 plus options through to 2035.
- Providing a net income of $89,440* per annum with fixed CPI rental reviews annually.
- Dual access via the Fourteenth Street car park.
- Net lettable area of 395sqm* designed to suit pharmaceutical tenant.
- Regular site configuration with an area of 444sqm* and a 9.8m* frontage to Renmark Avenue.
*approx.
Colliers International is exclusively appointed to offer for sale 12 Renmark Avenue, Renmark via Expressions of Interest closing Thursday 18 April 2019 at 4pm (ACST).
An information memorandum is available upon request.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Tom Isaksson +61 422 154 570
Renmark, 5341 demographic data
The median household income for Renmark is $1,017, 15% lower than Regional South Australia's household income of $1,190. Renmark has a younger age profile compared to the rest of Regional South Australia (median age 44 vs 47). Property ownership data shows 39% of property owners in Renmark have a mortgage.
4,705
Population
$1,017 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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