1-3 Addison Road,
Pennington, SA 5013
Medical & Consulting • Offices
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Sale - Expression of Interest
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CBRE - South Australia (RLA 208125)
Level 20/83 Pirie StreetADELAIDE, SA 5000
1-3 Addison Road
Pennington, SA 5013
Map of 1-3 Addison Road
Train stations within 5 km of 1-3 Addison Road, Pennington, SA 5013 Distance Cheltenham Station 534 m St Clair Station 871 m Alberton Station 1.1 km Woodville Station 1.8 km Albert Park Station 2.2 km POWERED BY HERE ©Bus stops within 5 km of 1-3 Addison Road, Pennington, SA 5013 Distance 31 Torrens Rd - South Side 200 m 32 Addison Rd - East Side 284 m 32 Torrens Rd - South Side 378 m 30 Torrens Rd - South Side 476 m 30c Cheltenham Pde - East Side 539 m POWERED BY HERE ©
POWERED BY HERE ©
Long WALE Prime Located Medical Centre
- Well presented 1,275sqm* medical clinic
- Estimated net passing income of $596,128
- 2,493sqm* across two titles
CBRE are excited to present to market 1-3 Addison Road, Pennington for their valued client Australian Unity. This 1,275sqm* building offers an investor a single-tenant ‘set and forget’ investment opportunity with $596,128p.a.* of estimated net passing income. The property is leased on a 15-year term until 2033 with options out until 2054 to Family Doctor Pty Ltd – with over 80 locations around Australia.
The property is prominently situated on the corner of Addison and Torrens Roads with a total land size of 2,493sqm* across two titles. With over 25,000 daily passing vehicles, the property is well exposed and gives easy access to the 50 secure on site car parks.
The key investment highlights include:
- Estimated net passing income of $596,128p.a.
- Well presented medical clinic of 1,275sqm*
- Prime corner located site boasting 2,493sqm* across two titles
- 50 secure onsite car parks
- Secure lease to 2033 with 25 years of additional options
- Local Activity Centre zoning (City of Charles Sturt)
The property is for sale via Expressions of Interest closing at 4:00pm on the 3rd of October
For more information then please give the sole marketing agents from CBRE a call:
Ned Looker: 0448 689 5...
Rhyce Scott: 0422 960 5...
Oliver Grivell: 0478 069 5...
The property is prominently situated on the corner of Addison and Torrens Roads with a total land size of 2,493sqm* across two titles. With over 25,000 daily passing vehicles, the property is well exposed and gives easy access to the 50 secure on site car parks.
The key investment highlights include:
- Estimated net passing income of $596,128p.a.
- Well presented medical clinic of 1,275sqm*
- Prime corner located site boasting 2,493sqm* across two titles
- 50 secure onsite car parks
- Secure lease to 2033 with 25 years of additional options
- Local Activity Centre zoning (City of Charles Sturt)
The property is for sale via Expressions of Interest closing at 4:00pm on the 3rd of October
For more information then please give the sole marketing agents from CBRE a call:
Ned Looker: 0448 689 5...
Rhyce Scott: 0422 960 5...
Oliver Grivell: 0478 069 5...
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If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504683264Last Updated: 12 Sep 2024
CBRE - South Australia (RLA 208125)Level 20/83 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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