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30 Gawler Street Salisbury, SA 5108

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30 Gawler Street,
Salisbury, SA 5108

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Map of 30 Gawler Street

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High Yielding Office Investment

***** SOLD *****

30 Gawler Street is 100% leased to a strong mix of tenants including approximately 50% to the South Australian Government for 10 years commencing April 2011. Originally built to a Commonwealth Government specification in 1995, the building is very well presented with modern fitout. Situated in the commercial hub of Salisbury, 30 Gawler Street is in a prime location to attract office tenants for
Adelaide´s northern suburbs. The whole of the ground floor is leased to the South Australian Government with the first floor leased to three well
known tenants providing diversity of income.

Other key investment features include:

> A weighted average lease expiry (WALE) over 5 years
> Building area: 1,978sqm (approx) over two levels
> A substantial site of 4,289sqm (approx)
> 77 on-site car parks
> Estimated net income: $442,702 per annum
> Fixed annual rental increases of 3-4%
> Potential for tax and depreciation benefits

Invest in this high yielding office investment at a time when interest rates are at their lowest level in decades.

For Sale by Expressions of Interest closing Thursday 21 November at 4pm (CST)

Property ID: 500899763Last Updated: 15 May 2014

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30 Gawler Street
Salisbury, SA 5108
Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000
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