Share this property

realcommercial.com.au
Knight Frank - Adelaide (RLA 199257)

Department for Child Protection, 27 Frances Terrace Kadina, SA 5554

Directions

Department for Child Protection, 27 Frances Terrace,
Kadina, SA 5554

Offices • Medical & Consulting • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Knight Frank - Adelaide (RLA 199257)

Knight Frank - Adelaide (RLA 199257)

Level 29, 91 King William Street
ADELAIDE, SA 5000
Knight Frank - Adelaide (RLA 199257)
Department for Child Protection, 27 Frances Terrace
Kadina, SA 5554

Map of Department for Child Protection, 27 Frances Terrace

Directions

Secure 10 Year Lease to The South Australian Government

  • 10 Year Lease to 2029 Plus Option
  • SA Government as Tenant
  • Prime Strategic CBD Position
+ Secure 10 year lease to May 2029 plus option to 2032.
+ Department for Child Protection: Minister for Transport, Infrastructure & Local Government.
+ Strong and certain rental growth with annual, fixed compounding 2.5% increases.
+ Prominent 446 sqm landholding with 58.2 metre triple-street frontage and exposure.
+ Well-presented 385 sqm building, extensively refurbished and upgraded in 2019.
+ Prime CBD position amongst Woolworths, ALDI, Target and McDonald’s
+ Kadina: Commercial service centre and capital of the Yorke Peninsula
+ Minimum management, essential service investment.
+ No Stamp Duty payable in South Australia
+ Net Income: $111,208.56pa + GST (as at May 2022)

To be sold by Investment Portfolio Auction: 
10:30am AEDT
Wednesday 15 December 2021
Crown Casino, Melbourne

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

RLA 293473

Property ID: 503957766Last Updated: 3 Mar 2022

Knight Frank - Adelaide (RLA 199257)
Level 29, 91 King William Street
ADELAIDE, SA 5000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

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.