93-95 St Vincent St,
Port Adelaide, SA 5015
Offices • Medical & Consulting • Shops & Retail
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Cushman & Wakefield (RLA 315726) - Adelaide
Level 1, 123 Pirie StreetADELAIDE, SA 5000
08 8179 30...
93-95 St Vincent St
Port Adelaide, SA 5015
Map of 93-95 St Vincent St
BLUE CHIP MEDICAL INVESTMENT – 100% LEASED TO RED CROSS
- 715sqm* corner site
- 100% leased to Australian Red Cross
- NO STAMP DUTY IN SA
Cushman and Wakefield is pleased to offer to the market, 93-95 St Vincent Street, Port Adelaide, a premium investment opportunity in the prized healthcare sector.
Constructed in 2009 for Red Cross Lifeblood, the blood donation clinic is perfectly positioned on a corner site with three street frontages, in the heart of the revitalised Port Adelaide.
100% leased to Australian Red Cross Society on a new 5+2+2 year lease, and boasting net income of $190,738 per annum, the opportunity provides savvy investors with a strong income stream and a secure lease to a blue chip tenant in the essential medical and healthcare sector.
Cushman & Wakefield is proud to bring this outstanding investment opportunity to the market and we strongly recommend it for your consideration.
Key property highlights:
• 100% leased to Australian Red Cross Society
• Net income of $190,738 pa*
• 715sqm* corner site
• 629sqm* medical building
• Annual CPI rent reviews
• NO STAMP DUTY IN SA
93-95 St Vincent Street, Port Adelaide is for sale by public auction onsite Thursday 2 May 2024 at 11am.
For more information or to arrange an inspection, please contact the agents.
RLA
315726
*approximate
Constructed in 2009 for Red Cross Lifeblood, the blood donation clinic is perfectly positioned on a corner site with three street frontages, in the heart of the revitalised Port Adelaide.
100% leased to Australian Red Cross Society on a new 5+2+2 year lease, and boasting net income of $190,738 per annum, the opportunity provides savvy investors with a strong income stream and a secure lease to a blue chip tenant in the essential medical and healthcare sector.
Cushman & Wakefield is proud to bring this outstanding investment opportunity to the market and we strongly recommend it for your consideration.
Key property highlights:
• 100% leased to Australian Red Cross Society
• Net income of $190,738 pa*
• 715sqm* corner site
• 629sqm* medical building
• Annual CPI rent reviews
• NO STAMP DUTY IN SA
93-95 St Vincent Street, Port Adelaide is for sale by public auction onsite Thursday 2 May 2024 at 11am.
For more information or to arrange an inspection, please contact the agents.
RLA
315726
*approximate
Port Adelaide, 5015 demographic data
The median household income for Port Adelaide is $1,230, 21% lower than Greater Adelaide's household income of $1,548. Port Adelaide has an older age profile compared to the rest of Greater Adelaide (median age 45 vs 39). Property ownership data shows 53% of property owners in Port Adelaide have a mortgage.
1,338
Population
$1,230 per week
Median household income
45 years
Median age
Renters
Most residents
Families
Most households
Cushman & Wakefield (RLA 315726) - AdelaideLevel 1, 123 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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