Brand New 10 Year Net Head Office Lease to V.I.P. Home Services – Zero Stamp Duty

2/277-281 Sir Donald Bradman Drive , Cowandilla SA

Property Highlights

New 10 + 10 + 10 year Lease
V.I.P. Home Services Est 1979
62,400 vehicles passing daily
Register to Bid

Description

+Brand new Ten (10) year lease to 2032 plus to 10 year options to 2052.
+VIP Home Services: established 1979, Australia’s first ever home services franchise company with over 1,000 franchises across Australia and New Zealand
+Rare net lease terms with tenant responsible for all outgoings including management fees.
+Generous fixed 3% annual rent increases assuring growth.
+Commanding 720sqm* two level national headquarters including Showroom, offices, warehouse and 10 on-title car spaces.
+Prime Sir Donald Bradman position, the main arterial connecting the Airport to the CBD.
+Dominant corner with huge exposure to 62,400** vehicles passing daily.
+Situated only 1km or 3 minutes drive from Adelaide International Airport.
+Cowandilla: inner west metro suburb, 3km from Adelaide CBD.
+Net Income: $398,000pa + GST

For Sale by Private Treaty
*Approx
**Gapmaps

Burgess Rawson Agents
Shaun Venables 0411 860 865
RLA 293473
Beau Coulter 0413 839 898
RLA 315777
Adam Thomas 0418 998 971
RLA 293472

Knight Frank Adelaide RLA 199257
Oliver Totani 0412 808 743
Jack Dyson 0448 685 593

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
720 SQM
Building Area
720 SQM

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