Woolworths Limited leased investment
1551-1553 Main South Road , O'HALLORAN HILL SA
Description
Fully leased to Woolworths Limited until 2026 plus options.
Annual CPI rent reviews.
Woolworths pay all usual outgoings including Land Tax.
Commanding 2,408 sqm site with 50 metres of frontage and exposure.
Recently upgraded to Woolworths latest corporate design.
Main South Road: Gateway to Adelaide’s southern residential growth area.
Woolworths Limited: AAA Tenant with 633 petrol stations across Australia.
Net passing rent of $395,388 pa plus GST (as at Dec 2014 assuming 2.5% CPI Review) is reset to $275,000 pa plus GST from Dec 2016.
Under instructions from McGrathNicol
Interstate bidding by prior arrangement.
Auction 11am AEDT Wednesday 10 December.
River Room, Crown Casino.
Property Details
Listing
Sale
Current Tenant
Tenanted
Building Area
2,408 SQM