Modern Retail Freehold Constructed 2017

+ New Modern Retail Freehold Constructed 2017
+ One Title, 6 Tenants and 38 Car Spaces
+ Secure leases with most having fixed 3-4% annual rent increases
+ Net leases with tenants paying all usual outgoings
+ 100% occupancy, tenants include Supermarket, Indian Restaurant , Beauty and atWork Australia – a Federal Government funded disability employment provider
+ Central amongst Hungry Jack’s, KFC, McDonald’s, close to new Woolworths anchored Playford Shopping Centre
+ Substantial 2,000sqm freehold site with dual frontage including easy vehicular access via Ardor Street
+ 1,071sqm building over two levels with significant depreciation
+ Important 38 car spaces on title
+ Munno Para: Adelaide’s thriving northern growth corridor, forecast 55% population increase by 2036
+ Income: $194,568 pa (May 2022)

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

RLA259095.