5/198 North Terrace,
Adelaide, SA 5000

Munro Property Group is pleased to offer for sale Unit 5, Bagot House, 198 North Tce, Adelaide by private treaty.

This offering represents an opportunity to acquire a leased strata titled office comprising 44sqm of space along with natural lighting from floor to ceiling windows overlooking the rear of the building.

The office comprises an open plan front reception/work area, kitchenette, internal glass sliding doors to provide a separate office space to the rear and a separate store / server room with network data cabining connectivity. The features include ducted R/C air conditioning, c-bus lighting system, under bench electric HWS, and an electric roller door to external window. The office is service by common area toilets, a central lift to North Terrace entrance with universal access to the street level (suitable for wheel chair users).

The premises is leased at $18,542.00pa. gross ex GST on a four (4) year term commencing 26th June 2023, together with one right of renewal for one (1) year, and annual rent reviews to Adelaide All Groups CPI.

Bagot House is a multi-level commercial building with a mix of professional office and medical consult business and is position opposite the State Library, with a tram stop at the front entry.

This sale is an opportunity for an entry level investor or an investor looking to grow their portfolio.

For further information or to arrange an inspection please contact the sales agent Andrew Munro 0450 903 5....