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12 Todd Street, Port Adelaide, SA, 5015

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12 Todd Street, Port Adelaide, SA, 5015

Port Adelaide

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12 Todd Street, Port Adelaide, SA, 5015

Port Adelaide

SOLD
12 Todd Street, Port Adelaide, SA, 5015

12 Todd Street, Port Adelaide, SA, 5015

Properties / Sold / South Australia / Port Adelaide
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Closing Wednesday 14 August, 4:30pm
Land Area
443 m² (*approx)
Floor Area
588 m² (*approx)
Property Type
Offices
Sub-type
Office Suites
Est. Income
$251,727 p/a
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Secure Passive Investment on the Port
  • Refurbished two-level office building
  • High profile location
  • No Stamp Duty payable

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 over 588 sqm* of net lettable area

• High profile location on Todd Street, fronting the $168 million Dock One development

• Fully leased with an annual Net income of $255,287* over two tenancies

• WALE 6.4 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.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

12 Todd Street Investment Summary

Property Type
Offices
Sub-type
Office Suites
Est. Income
$251,727 p/a
Wale
7.4 years
Land Area
443 m² (*approx)
Floor Area
588 m² (*approx)
Selling Method
Sale by Negotiation
Selling Details
Closing Wednesday 14 August, 4:30pm

Investment Highlights

Secure Passive Investment on the Port
  • Refurbished two-level office building
  • High profile location
  • No Stamp Duty payable

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 over 588 sqm* of net lettable area

• High profile location on Todd Street, fronting the $168 million Dock One development

• Fully leased with an annual Net income of $255,287* over two tenancies

• WALE 6.4 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.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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12 Todd Street, Port Adelaide, SA, 5015

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Property Location of 12 Todd Street, Port Adelaide, SA, 5015

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