17 Mortlock Tce,
Port Lincoln, SA 5606
Shops & Retail
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Map of 17 Mortlock Tce
VENDOR SAYS SELL!!! SUPERB INVESTMENT 10 years and 275 days + 5 + 5 + 5 + 5 YEARS TO WOOLWORTHS
Commenced 13th December 2004 Note: Ground Lease
The whole of the property is leased to Woolworths Ltd. This is a ground lease meaning the improvements to the site are owned and maintained by the lessee.
The lease commenced 13th December 2004 and expires 4th September 2015 with four further rights of renewal each of five years.
The current passing rental is approx $53,655.48 per annum plus outgoings and GST.
The lessee pays all outgoings including Land Tax (single holding basis).
Annual reviews to CPI (All Groups Adelaide) with a maximum of 4% in any one year.
Land area approx. 1152 m2
Zoned by the City of Port Lincoln as Regional Town Centre Policy Area 9.
The whole of the property is leased to Woolworths Ltd. This is a ground lease meaning the improvements to the site are owned and maintained by the lessee.
The lease commenced 13th December 2004 and expires 4th September 2015 with four further rights of renewal each of five years.
The current passing rental is approx $53,655.48 per annum plus outgoings and GST.
The lessee pays all outgoings including Land Tax (single holding basis).
Annual reviews to CPI (All Groups Adelaide) with a maximum of 4% in any one year.
Land area approx. 1152 m2
Zoned by the City of Port Lincoln as Regional Town Centre Policy Area 9.
Property ID: 500169046Last Updated: 13 Dec 2013
04121276...
17 Mortlock Tce
Port Lincoln, SA 5606
Raine & Horne Commercial SA - 8 Greenhill Road
WAYVILLE, SA 5034
WAYVILLE, SA 5034
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