Property ID: 1P3988
10/19 North Terrace Hackney SA
$1,150,000
-
Offices
-
For Sale
-
336 sqm
Price Release - 6th Floor. 336m2 of office. Tenanted Investment. Whole Floor. Medical Grade Property.
Currently returning $70,909.32 per annum, $5,909.11 per month plus outgoings with 3 rights of renewals.
The lease has a right of renewal for a further 3 years and that may be exercised 3 times.
This is a great opportunity to purchase in a stunning building, so close to the city center that it is really amazing. Views out over the city reserves.
This is something that is absolutely spectacular and offers office accommodation that many buyers understand is an ideal situation.
Occupying the entire sixth floor, Level 6, 19 North Terrace, Hackney, offers a secure leased investment in the popular inner eastern city fringe. The property is leased to longstanding tenant Pearl Healthcare on a 3 year term with options extending to 2035. Providing a net income of $70,909.32p.a.*, the lease offers annual 3.00% rent reviews with all outgoings payable by the lessee.
Currently utilised as a Dental Workshop, the 336sqm* space comprises a large open plan office with reception, multiple private offices and a kitchenette. Boasting panoramic views of Adelaide's Botanic Gardens, the Adelaide Hills and city parklands, the property is located just a short 550m* walk to the city and offers easy access to the National Wine Centre and Adelaide's popular East End district.
The property has 3 designated carparks.
It offers a great lease and certainly will be sort after for the investment.
Do not hesitate, do not hold back, call us for an inspection, this is something that is unique and available right now for an investment purchaser and the Vendors have purchased another property. The property is now on to the market by Expressions of Interest.
Bevan Bruse
0419 809 852
bevan.bruse@bruse.com.au
The lease has a right of renewal for a further 3 years and that may be exercised 3 times.
This is a great opportunity to purchase in a stunning building, so close to the city center that it is really amazing. Views out over the city reserves.
This is something that is absolutely spectacular and offers office accommodation that many buyers understand is an ideal situation.
Occupying the entire sixth floor, Level 6, 19 North Terrace, Hackney, offers a secure leased investment in the popular inner eastern city fringe. The property is leased to longstanding tenant Pearl Healthcare on a 3 year term with options extending to 2035. Providing a net income of $70,909.32p.a.*, the lease offers annual 3.00% rent reviews with all outgoings payable by the lessee.
Currently utilised as a Dental Workshop, the 336sqm* space comprises a large open plan office with reception, multiple private offices and a kitchenette. Boasting panoramic views of Adelaide's Botanic Gardens, the Adelaide Hills and city parklands, the property is located just a short 550m* walk to the city and offers easy access to the National Wine Centre and Adelaide's popular East End district.
The property has 3 designated carparks.
It offers a great lease and certainly will be sort after for the investment.
Do not hesitate, do not hold back, call us for an inspection, this is something that is unique and available right now for an investment purchaser and the Vendors have purchased another property. The property is now on to the market by Expressions of Interest.
Bevan Bruse
0419 809 852
bevan.bruse@bruse.com.au