Unit 5/191 Melbourne Street North Adelaide SA 5006

Located along the hustle and bustle of the ever tightly held Melbourne Street, this ideally located fully leased office suite is the perfect entry investment. The suite also includes three undercover carparks and surrounded by local amenities including local cafes, shops, and restaurants and a mere 1.5km from the Adelaide CBD. Securely leased to Agrifac on a brand-new three-year term with further options, you can invest with confidence knowing this suite will always hold underlying value

Key highlights include;
Brand-new, three-year lease commencing March 2023 with further options
Net return of $36,525* per annum with fixed 3.5% increases
Neat and tidy office fit out of 107sqm*
Recent upgrades to the building now complete including toilet amenities
Three valuable undercover car parks included

This property is For Sale via Expressions of Interest closing on Thursday the 21st of September 2023 at 4:00pm

Please contact the sole marketing agents with any other questions:
Rhyce Scott: +61 422 960 585
Ned Looker: +61 448 689 573

*Approximately