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28-30 Osmond Street Kingscote, SA 5223

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28-30 Osmond Street,
Kingscote, SA 5223

Shop & Retail • Showrooms & Large Format Retail

Price information

Sold

$4,300,000

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 28-30 Osmond Street

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Metcash Anchored Retail Centre. Circa 10% Yield Anticipated.

Metcash guaranteed lease to 2020 + opts to 2035.
Highly successful supermarket with long standing annual turnover growth
from captive market.
90% income from supermarket with 3% pa rent increases.
Includes 4 other retail/commercial tenancies.
Value add and additional development opportunities on 7,900 sqm* of land
with 65 parking spaces.
Metcash - $13.25 billion in sales 2013/14.
Net Income: $417,000 pa*.

Private Treaty Offers Closing 3pm AEDT Thursday 26 February 2015
Unless Sold Prior

Michael Gilbert 0430 024 7...
Dean Venturato 0412 840 2...

Property ID: 501410871Last Updated: 28 Apr 2015

realcommercial.com.au logo
28-30 Osmond Street
Kingscote, SA 5223
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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