7/47 The Parade Norwood SA 5067

Premium Investment in the heart of Norwood

Exceptional investment opportunity in the prestigious shopping complex "The Parade Pavilion".

Situated at the city-end of The Parade, this prime location offers close proximity to numerous shopping and dining destinations, as well as a variety of high-profile businesses.

A thriving restaurant/cafe has been operating at this desirable location for over 20 years. The Parade Pavilion boasts a leafy, light-filled arcade that draws thousands of shoppers daily. Additionally, it offers valuable rear car parking and convenient access via Beyer Street.

Leased until 1/6/2030 this property presents a secure and lucrative investment opportunity with strong lease terms in place - register your interest today!

Key features:
- Rental return of: $47,589 p.a. (exc GST)
- Outgoings recoverable from tenant
- Leased to 1st June 2030
- Long term tenant
- Quality fit out
- Premium shopping complex

For Sale by Expressions of Interest closing Friday 9th August 2024 at 4:00 pm.

For further details please contact Jackson Dare 0423 771 611

All information contained herein is gathered from sources deemed to be reliable. However, we cannot guarantee its accuracy and interested persons should seek their own enquiries.

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