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157 The Parade Norwood, SA 5067

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157 The Parade,
Norwood, SA 5067

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Sensational "High Street" Investment

Exceptionally well located in the heart of this exclusive shopping precinct. What Chapel Street is to Melbourne and Oxford Street is to Sydney, The Parade is to Adelaide. A cosmopolitan shopping mecca only 10 minutes from the Adelaide CBD.
A superbly presented and imposing building providing 485sqm approx of lettable area. The NAB leases the entire building including the ground and first floors. The building offers excellently presented space with unrivalled exposure to passing traffic.
•100% leased building to NAB
•New 10+5+5 year lease
•Net income $281,790 pa approx
•Fixed 4% annual rental increase
•Market reviews every 5 years (minimum 4% increase)
•Superbly presented and imposing improvements of 485sqm approx

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Property ID: 5336627Last Updated: 30 Jun 2013

(08) 8305 88...
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157 The Parade
Norwood, SA 5067
Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000

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