Lot 91, 281-285 North Terrace,
Adelaide, SA 5000
Shops & Retail
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Map of Lot 91, 281-285 North Terrace
*** SOLD *** Strategically Positioned CBD Investment!
Securely leased to 1 Tenant who currently operates an IGA Express Supermarket and Licensed Cafe Restaurant.
5 Year Lease commencing 01.03.2007 with 5 year option.
Current Rental $299,672.10 pa + GST and Tenant pays all outgoings inclusive of State Land Tax (Single Holding).
Yearly Reviews to CPI + 2% with market at renewal.
In addition to Directors Guarantee, Tenant has provided to Landlord a Bank Guarantee for an amount of $144,000.00.
Price Circa - $3.45M
5 Year Lease commencing 01.03.2007 with 5 year option.
Current Rental $299,672.10 pa + GST and Tenant pays all outgoings inclusive of State Land Tax (Single Holding).
Yearly Reviews to CPI + 2% with market at renewal.
In addition to Directors Guarantee, Tenant has provided to Landlord a Bank Guarantee for an amount of $144,000.00.
Price Circa - $3.45M
Property ID: 5570851Last Updated: 27 Jun 2016
08 8410 644...
Lot 91, 281-285 North Terrace
Adelaide, SA 5000
Negotiators Real Estate - AdelaideLevel 2, 195 Victoria Square
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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