Immaculate Showroom 4kms from Adelaide CBD
96-98 Main North Road , Prospect SA
Property Highlights
Description
+5 year Lease to April 2026 plus options to 2036.
+Maverick Campers: Australian owned with showrooms in SA, VIC and QLD.
+Fixed 3.5% rent increases ensuring growth.
+Tenant pays usual outgoings excluding land tax.
+Modern 1,085sqm showroom with recent upgrades including new shop front and air conditioning.
+1,750sqm freehold landholding with 35 metre highway frontage and 15 car spaces on title.
+Prime position in large format retail and automotive precinct amongst Officeworks, 99 Bikes, Nissan, Renault and ALDI (due 2023).
+Net Income: $210,040pa* (May 2022)
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room
Burgess Rawson Agents
Shaun Venables 0411 860 865
Adam Thomas 0418 998 971
Beau Coulter 0413 839 898
Knight Frank Adelaide
Oliver Totani 0412 808 743
Jack Dyson 0448 685 593
*approx
Property Details