95-97 Gouger Street,
Adelaide, SA 5000

Hotel, Motel & Leisure • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

CBRE - South Australia (RLA 208125)

Level 20/83 Pirie Street
ADELAIDE, SA 5000

95-97 Gouger Street

Adelaide, SA 5000

Map of 95-97 Gouger Street

Directions

THE PERFECT PACKAGE IN CHINATOWN

Securely leased to national group
New 7-year term from 1 Jan 2022
$183,660* Net passing income

The opportunity to present a strong tenant in the heart of Gouger Street and Chinatown is an exciting proposition in one of the states strongest markets. Further to this, this 500-odd metre stretch of road is some of the busiest retail food and beverage in the state and has been tightly held for the longest time.

95-97 Gouger Street in itself has been occupied by Gyoza Gyoza since 2015 and has busy trade 7-days a week. At the start of 2022, they signed into a new 7 + 7 year lease with a commencing rent of $200,000.

The other key investment highlights for this one include:
- $183,660* net passing income
- Fixed 3.5% annual review
- 7 year Lease renewal from 1 Jan 2022
- Secure tenant with national presence
- 394sqm* building
- Land Size: 388sqm*

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 5...
Rhyce Scott: +61 422 960 5...

Property ID: 504060799Last Updated: 31 Jul 2022

This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

CBRE - South Australia (RLA 208125)

Level 20/83 Pirie Street
ADELAIDE, SA 5000