613 Magill Road,
Magill, SA 5072
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 613 Magill Road
Eastern Suburbs Leased Investment
Set amongst the eastern suburbs, this presents a highly sought after leased investment opportunity which is set to appeal to all investors in the market.
Currently leased to Sorelle Restaurant on a five year lease expiring April 2018, the net income is $89,842 p.a. There are two further five year options.
Free standing building of some 353 sqm* with exposure to Magill Road.
Located amongst an area that is undergoing significant revitalisation and rapid growth.
Ample off-street parking for staff, visitors and clientele surrounds the property
Modern building and dA©cor throughout which flows through to an outstanding outdoor alfresco area at the rear of the restaurant
Investment opportunities in such strong and well recognised eastern suburbs locations providing significant returns are hard to come by.
For Sale via Private Treaty - asking price $1,350,000 (all genuine offers presented)
Under instructions from receivers BRI Ferrier
*approximately
Currently leased to Sorelle Restaurant on a five year lease expiring April 2018, the net income is $89,842 p.a. There are two further five year options.
Free standing building of some 353 sqm* with exposure to Magill Road.
Located amongst an area that is undergoing significant revitalisation and rapid growth.
Ample off-street parking for staff, visitors and clientele surrounds the property
Modern building and dA©cor throughout which flows through to an outstanding outdoor alfresco area at the rear of the restaurant
Investment opportunities in such strong and well recognised eastern suburbs locations providing significant returns are hard to come by.
For Sale via Private Treaty - asking price $1,350,000 (all genuine offers presented)
Under instructions from receivers BRI Ferrier
*approximately
Property ID: 501828114Last Updated: 7 Mar 2018
0421 747 4...
613 Magill Road
Magill, SA 5072
CBRE - South Australia (RLA 208125)Level 5, 151 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$2,740,000
579-583 Magill Road,Magill, SA 5072 813 m²Showrooms & Large Format Retail • Shops & Retail • Offices
