313/147 Pirie Street Adelaide SA 5000

LEASED INVESTMENT OPPORTUNITY - 7.5% net after all costs
The building is located in the centre of Adelaide central business district overlooking Hindmarsh Square
Versatile office suite approx 33 sq metres
Lease Term 3 + 3 years commencing 1/3/2023
Current Rent $18,158.81pa + GST
Annual Rent Reviews are CPI + 2% with market reviews each 3 years
Outgoings comprise.....
Council $943 pa
SA Water $680 pa
ES Levy $241 pa
Strata Fees $2,828 pa
TOTAL $4,692 pa
NET INCOME $13,466 pa

Outstanding features include Pool, Sauna, Gymnasium

Inspection welcome any time

RLA 134