Lot 1, 55 Lower Portrush Road,
Marden, SA 5070
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie StreetADELAIDE, SA 5000
Lot 1, 55 Lower Portrush Road
Marden, SA 5070
Map of Lot 1, 55 Lower Portrush Road
SLAM DUNK INVESTMENT OPPORTUNITY
- 5+5+5 year lease
- $191,307pa* net rental
- Fixed 4% annual rent increases
A community titled sports center leased to Mars Sports group on a 5+5+5 year option from February 2017. Mars have occupied the space since 1997 and are now well established in this location.
With the current improvements being clearspan the property offers great flexibility to utilise the space as suits the tenant/operator’s requirements. The property has shared amenities and ample sealed car parking on site to provide ease of access for customers.
- 5 + 5 + 5 year lease from 1st of February 2017 providing long term income to an incoming investor
- Passing net rental of $191,307* p.a.
- Total floor area of 3,375sqm* GLA currently utilised as a sports centre and offices
- Access from Lower Portrush Road
- Tenant pays for all outgoings (excluding Land Tax)
- 7.5% - 8% return
For Sale for Private Treaty - $2,500,000
For further information please contact exclusive marketing agents CBRE:
Mitch Curnow - 0415 494 0...
Harry Einarson - 0421 747 4...
Ned Looker - 0448 689 5...
RLA 208125 *approximately
With the current improvements being clearspan the property offers great flexibility to utilise the space as suits the tenant/operator’s requirements. The property has shared amenities and ample sealed car parking on site to provide ease of access for customers.
- 5 + 5 + 5 year lease from 1st of February 2017 providing long term income to an incoming investor
- Passing net rental of $191,307* p.a.
- Total floor area of 3,375sqm* GLA currently utilised as a sports centre and offices
- Access from Lower Portrush Road
- Tenant pays for all outgoings (excluding Land Tax)
- 7.5% - 8% return
For Sale for Private Treaty - $2,500,000
For further information please contact exclusive marketing agents CBRE:
Mitch Curnow - 0415 494 0...
Harry Einarson - 0421 747 4...
Ned Looker - 0448 689 5...
RLA 208125 *approximately
Property ID: 503128974Last Updated: 19 Jan 2020
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.
More properties from CBRE - South Australia (RLA 208125)
Other properties you might be interested in based on the location and property type you are looking at.
