Knight Frank Investment Sales SA are excited to bring to market 12 Todd Street, Port Adelaide offered for sale by Expressions of Interest.
Key investment features include:
Refurbished two-level office building
High profile location on Todd Street, fronting the $168 million Dock One development
Fully leased with an annual Net income of $251,727* over two tenancies
WALE 7.4 years* (by-income)
Annual CPI rental increases to hedge inflation
Net lease terms with tenants responsible for all outgoings (excluding land tax)
Situated 16.5km from the Adelaide CBD with direct access via Port Road
Prime corner site with dual street frontage to Stevedore Place
Zoned 'Urban Activity Centre' with Port Adelade Enfield Council
No Stamp Duty payable
For more details or to arrange an inspection please don't hesitate to contact the exclusive selling agents.
*Approx.