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Colliers International - Adelaide (RLA 204)

12 Renmark Avenue Renmark, SA 5341

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12 Renmark Avenue
Renmark, SA 5341

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+61 *** ***
Colliers International - Adelaide (RLA 204)
12 Renmark Avenue
Renmark, SA 5341
Tom Isaksson

Colliers International - Adelaide (RLA 204)

Level 9, 121 King William Street
ADELAIDE, SA 5000

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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

Property ID: 503131866Last Updated: 3 Sep 2019

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Colliers International - Adelaide (RLA 204)
Colliers International - Adelaide (RLA 204)
Level 9, 121 King William Street
ADELAIDE, SA 5000
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Tom Isaksson

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Tom Isaksson
Colliers International - Adelaide (RLA 204)
12 Renmark Avenue Renmark, SA 5341

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Tom Isaksson

    Tom Isaksson

    Colliers International - Adelaide (RLA 204)
    +61 *** ***