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Prime Inner City Adelaide Freehold – Fleet Complete: Global Telematics Giant

25 Wright Street , Adelaide SA

Property Highlights

5 + 5 year lease to July 2031
High calibre Tenant - Fleet Complete
High end inner city office warehouse
Register to Bid

Description

+Secure Five (5) year lease to July 2026 plus option to 2031.
+Fleet Complete: the world’s fastest growing telematics provider across 15 countries.
+Fixed 3% annual rent increases assuring growth.
+Immaculately presented high-end office warehouse completely refurbished in 2021 incorporating reception/waiting, boardroom and meeting rooms, training room/breakout area, kitchens and amenities, warehouse with high RSD.
+High profile 434sqm* corner site with ‘Capital City’ zoning allowing for developments up to 53 metres* (STCA).
+Excellent tax saving depreciation benefits.
+No stamp duty payable.
+Centrally located in Adelaide CBD within metres of Chinatown and the Central markets precinct.
+Net Income: $183,611 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino – River Room

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

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

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Office
Land Size
434 SQM
Building Area
505 SQM

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