THE PROPERTY IS LOCATED APPROXIMATELY 15 KILOMETERS NORTH OF THE ADELAIDE CBD AND SITUATED IN AN ESTABLISHED COMMERCIAL HUB. ROI is 7.75% net
CURRENT Lessee term approx. 4 years plus 2x ROR 3yr terms
SURROUNDING BUSINESSES INCLUDE A MIXTURE OF OFFICE/WAREHOUSES, FACTORIES, LIGHT INDUSTRIES AND BULKY GOODS SERVING THE NORTHERN REGIONS. THE PROPERTY FRONTS PARK TCE AND IS SITUATED ON A HIGH TRAFFIC ARTERIAL ROAD, APPROXIMATELY 400M FROM MAIN NORTH RD AND WITH DIRECT ACCESS TO THE SALISBURY CENTRE.
THE SITTING TENANT HAS OCCUPIED THE PREMISES FOR 6 YEARS AND IS WELL ESTABLISHED IN HIS BUSINESS.
INSPECTIONS-PH STEVE WEBBER 0418833573