SOLD
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Prized Pharmacy Investment

192 Hutt Street , Adelaide SA

Property Highlights

Prized Pharmacy Investment
New 5 year lease to 2026 + options
Leased to part of Star Pharmacy Group
Register to Bid

Description

247sqm freehold site with rear access from Corryton St and on-site parking
Ground floor retail and upstairs office (with separate access) and measuring a total of 255 sqm
Located in the heart of the cosmopolitan Hutt St precinct
Recognised café/retail/medical precinct on fringe of CBD and nearby housing population
New rebranding to Star Discount Chemist and $200,000 fitout about to be completed
Fixed 3% annual rent increases
Net Income: $120,000 + GST (less Land Tax if applicable)

For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021

Burgess Rawson (RLA 293472)
Savills Adelaide (RLA 1786)

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
247 SQM
Building Area
255 SQM

Price

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