Coates, 1052 Port Road,
Albert Park, SA 5014
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land
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Knight Frank - Adelaide (RLA 199257)
Level 29, 91 King William StreetADELAIDE, SA 5000
Coates, 1052 Port Road
Albert Park, SA 5014
Map of Coates, 1052 Port Road
Renewed Triple Net Lease to ASX Listed Tenant
- Tenant pays 100% of outgoings
- Stamp Duty free investment
- 18,488sqm landholding
+ Secure 5+5+5 Year Triple Net Lease to Coates to 2036
+ Irreplaceable 18,488sqm with combined street frontage of over 277 metres
+ Coates: owned by ASX-listed Seven Group Holdings (ASX:SVW) with a market cap of $8.75billion
+ Tenant pays 100% of outgoings including land tax
+ Gross Building Area of 6,718sqm with significant capital upgrade recently undertaken
+ Pandemic proof tenant, identified as essential business.
+ Longstanding tenant in occupation since 1998
+ Albert Park: established suburb midway between Port Adelaide and the Adelaide CBD
+ Net Income: $578,668 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
RLA 312687 & RLA 313040
+ Irreplaceable 18,488sqm with combined street frontage of over 277 metres
+ Coates: owned by ASX-listed Seven Group Holdings (ASX:SVW) with a market cap of $8.75billion
+ Tenant pays 100% of outgoings including land tax
+ Gross Building Area of 6,718sqm with significant capital upgrade recently undertaken
+ Pandemic proof tenant, identified as essential business.
+ Longstanding tenant in occupation since 1998
+ Albert Park: established suburb midway between Port Adelaide and the Adelaide CBD
+ Net Income: $578,668 pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
RLA 312687 & RLA 313040
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Property ID: 503898758Last Updated: 25 Nov 2021
Knight Frank - Adelaide (RLA 199257)Level 29, 91 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Contact Agency
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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