71 Rundle Mall, Adelaide
INVESTORS THIS IS AS GOOD AS IT GETS!
71 Rundle Mall, Adelaide
- Price: Contact for price
- Location:ADELAIDE
INVESTORS THIS IS AS GOOD AS IT GETS!
Rare opportunity to acquire a securely leased stand alone investment property situated right in the heart of Rundle Mall, Adelaide (cnr Francis Street).
Metres away from David Jones, Myers and the recently completed 'Rundle Place Development' which includes the first Coles Supermarket on Rundle Mall, Harris Scarfe, Speciality Shops over 4 Levels and an 11 Level Office building anchored by Bendigo and Adelaide Bank.
The premises are leased to The Jewellery Group Pty Ltd for an extended 5 year term commencing 02.04.2012 and expiring 01.04.2017 with further rights to extend remaining.
Current rental is $587,662.00 PA GROSS + GST with yearly reviews to CPI and market at each renewal.
Next rent review is due on 02.04.2014 in line with movement to CPI.
For further details contact Sole Selling and Managing Agents:
George Zogopoulos - Mobile 0412 824 278
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