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89 Cavan Road Gepps Cross, SA 5094

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89 Cavan Road,
Gepps Cross, SA 5094

Warehouse, Factory & Industrial • Offices

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SOLD AT AUCTION │ SUPER PREMIUM INVESTMENT

  • High quality leased investment.
  • Large high-profile site.
  • Total passing income $345,000 pa net.
89 Cavan Road, Gepps Cross offers an outstanding and high profile premium investment grade opportunity.

The property is positioned 12 kilometres* north of the Adelaide CBD, within Adelaide’s established inner northern industrial precinct.

• Purpose built to an exceptional standard.
• 7 + 5 + 5 + 5 + 5 + 5 year lease to Bunnings Group Limited.
• Net lease and income with development and leasing upside.
• Extensive land holding of 10,466 square metres (1.046 hectares)*.
• High end quality purpose built improvements of 3,830 square metres*.
• Improved area of 2,910 square metres* leased to Bunnings Group Limited.
• Sealed concrete yard with expansion potential (stnc).
• Zoned Industry within the City of Port Adelaide Enfield.
• Large high-profile site with 36%* site coverage and two street access.
• Total passing income $345,000* per annum net with rental upside and annual fixed increases of 3% with the Bunnings Group Limited Lease.

For Sale by Public Auction Thursday 7 December at 11am onsite.

For more information or to arrange an inspection, please contact the listing agents.

*Approximately.

Property ID: 502628854Last Updated: 20 Apr 2018

04011450...
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89 Cavan Road
Gepps Cross, SA 5094
Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000

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