Lot 91 / 281-285 North Terrace, Adelaide

* 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

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