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CBRE - South Australia (RLA 208125)

Lot 1, 55 Lower Portrush Road Marden, SA 5070

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Lot 1, 55 Lower Portrush Road,
Marden, SA 5070

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CBRE - South Australia (RLA 208125)
Lot 1, 55 Lower Portrush Road
Marden, SA 5070
CBRE - South Australia (RLA 208125)
Mitch Curnow
Harry Einarson
Ned Looker

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000

Map of Lot 1, 55 Lower Portrush Road

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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 494 056
Harry Einarson - 0421 747 442
Ned Looker - 0448 689 573

RLA 208125 *approximately

Property ID: 503128974Last Updated: 19 Jan 2020

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CBRE - South Australia (RLA 208125)
CBRE - South Australia (RLA 208125)
Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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Mitch Curnow

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Mitch Curnow
CBRE - South Australia (RLA 208125)
Lot 1, 55 Lower Portrush Road Marden, SA 5070

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Mitch Curnow

    Mitch Curnow

    CBRE - South Australia (RLA 208125)
    +61 *** ***
  • Harry Einarson

    Harry Einarson

    CBRE - South Australia (RLA 208125)
    +614 *** ***
  • Ned Looker

    Ned Looker

    CBRE - South Australia (RLA 208125)
    +61 *** ***