467 & 469 Greenhill Road,
Tusmore, SA 5065
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Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
467 & 469 Greenhill Road
Tusmore, SA 5065
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Premium Entry Level Investment
- 128sqm NLA (68sqm & 60sqm)
- Two shops fully leased
- Net rental $48,112pa*
Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area.
467 and 469 Greenhill Road, Tusmore comprise two shops in the well known Tusmore Gate Centre leased to two individual tenants in Poolwerx and Hoi Ann Inn.
A summary of the investment features of both shops combined is as follows:
- Two individual units of 60sqm and 68sqm
- 128sqm NLA total
- Net rental of $48,112pa*
- Both leases reviewed by CPI annually
- Each tenant pays respective statutory outgoings excluding Land Tax but including property management and insurance
These two properties are part of four investment properties being offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.
467 and 469 Greenhill Road, Tusmore comprise two shops in the well known Tusmore Gate Centre leased to two individual tenants in Poolwerx and Hoi Ann Inn.
A summary of the investment features of both shops combined is as follows:
- Two individual units of 60sqm and 68sqm
- 128sqm NLA total
- Net rental of $48,112pa*
- Both leases reviewed by CPI annually
- Each tenant pays respective statutory outgoings excluding Land Tax but including property management and insurance
These two properties are part of four investment properties being offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.
Property ID: 504671668Last Updated: 17 Oct 2024
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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