97 East Street,
Torrensville, SA 5031

Total land size of approx 697m2 with a valuable corner position and versatile improvements of approx 366m2 NLA.

The property has a current total net income of approx $36,091 per annum with the tenant responsible for the GST and outgoings, and expires on the 30.09.2012.

The property is positioned to capitalise on its close proximity to the North South transport corridors, northern industrial hub and close proximity to the city fringe.

The property is ideally suited to the astute investor or a future owner occupier who can utilise the valuable and substantial income stream that the property provides.

Concept plans are available for a value adding upgrade of the property upon request. These plans have been reviewed and will in our opinion add substantial value to this great and versatile property should the purchaser decide to undertake these works (subject to normal consents).

Auction on site 29th of April 2011 at 11am.

All enquiries or to arrange an inspection of the property please contact Derek Blacker 0413274481

RLA 166790/205498/236458