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1052 Port Road
Albert Park SA 5014
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Sold on 26 Nov 2021

1052 Port Road Albert Park SA 5014

  • Factory, Warehouse & Industrial
  • 6,718 m²
  • Sold

Renewed Triple Net Lease to ASX Listed Tenant

+ 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

AUCTION

Auction date and time28/09/2021 11:00
Auction location1052 Port Road, Albert Park SA
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold26 Nov 2021
Floor Area6,718 m²
Land Area1.85 ha
ParkingAsk Agent
Property ID2017217120
Category
 Factory, Warehouse & Industrial
 Development / Land
 Showrooms / Bulky Goods
Last updated  1 Oct 2021
Map for 1052 Port Road Albert Park SA 5014
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold26 Nov 2021
Floor Area6,718 m²
Land Area1.85 ha
ParkingAsk Agent
Property ID2017217120
Category
 Factory, Warehouse & Industrial
 Development / Land
 Showrooms / Bulky Goods
Last updated  1 Oct 2021

Listed by

Adam Thomas
Adam Thomas
Burgess Rawson VIC Pty Ltd
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0418 998 971

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            More about 1052 Port Road Albert Park SA 5014

            1052 Port Road Albert Park SA 5014 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 6,718 m² and a land area of 1.85 ha. The listing ID for this property is 2017217120.

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