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130 Valetta Road, Fulham Gardens, SA, 5024

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130 Valetta Road, Fulham Gardens, SA, 5024

Fulham Gardens

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130 Valetta Road, Fulham Gardens, SA, 5024

Fulham Gardens

SOLD
130 Valetta Road, Fulham Gardens, SA, 5024

130 Valetta Road, Fulham Gardens, SA, 5024

Properties / Sold / South Australia / Fulham Gardens
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Floor Area
1714 m² (*approx)
Property Type
Other, Retail
Sub-type
Large Format, Mixed Use
Terms
New 10-year lease expiring 31 August 2033
Est. Income
$279,145 p/a
Fully Leased
Cheap as Chips
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Blue Chip Secure Investment
  • Estimate net passing income of $279,145
  • New 10 year lease to 2033 with options
  • Ample on site car parking

CBRE are excited to present 5/130 Valetta Road, Fulham Gardens to the market, representing an exciting opportunity to buy a new 10-year lease to a blue-chip covenant in Cheap as Chips. This 1,673sqm strata unit has shown a strong history of tenure with Cheap as Chips now being in the space for over 20-years, taking a likening to the location considering its proximity to the recently revamped Fulham Gardens Shopping Centre.

Cheap as Chips have taken a new 10-year lease from the 1st of September 2023 through taking them through to 2033, with two further 5-year options from there.

There is little not to love with this exceptional tenancy and location and we highlight the key details below:

- Estimated net passing income of $279,145

- New 10-year lease expiring 31 August 2033

- Two further 5-year options

- Secure tenant with over 20-years of trade from the location

- Exceptional location across from Fulham Gardens Shopping Centre

- Zoned Suburban Activity Centre

- Ample on site car parking

The property is being sold via Expressions of Interest, closing on the 29th of August at 4:00pm (ACST)

For more information, please contact the sole marketing agents from CBRE:

Ned Looker | 0448 689 573

Rhyce Scott | 0422 960 585

Oliver Grivell | 0478 069 579

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

130 Valetta Road Investment Summary

Property Type
Other, Retail
Sub-type
Large Format, Mixed Use
Est. Income
$279,145 p/a
Tenant
Cheap as Chips
Terms
New 10-year lease expiring 31 August 2033
Floor Area
1714 m² (*approx)
Selling Method
EOI
Selling Details
Contact Agent

Investment Highlights

Blue Chip Secure Investment
  • Estimate net passing income of $279,145
  • New 10 year lease to 2033 with options
  • Ample on site car parking

CBRE are excited to present 5/130 Valetta Road, Fulham Gardens to the market, representing an exciting opportunity to buy a new 10-year lease to a blue-chip covenant in Cheap as Chips. This 1,673sqm strata unit has shown a strong history of tenure with Cheap as Chips now being in the space for over 20-years, taking a likening to the location considering its proximity to the recently revamped Fulham Gardens Shopping Centre.

Cheap as Chips have taken a new 10-year lease from the 1st of September 2023 through taking them through to 2033, with two further 5-year options from there.

There is little not to love with this exceptional tenancy and location and we highlight the key details below:

- Estimated net passing income of $279,145

- New 10-year lease expiring 31 August 2033

- Two further 5-year options

- Secure tenant with over 20-years of trade from the location

- Exceptional location across from Fulham Gardens Shopping Centre

- Zoned Suburban Activity Centre

- Ample on site car parking

The property is being sold via Expressions of Interest, closing on the 29th of August at 4:00pm (ACST)

For more information, please contact the sole marketing agents from CBRE:

Ned Looker | 0448 689 573

Rhyce Scott | 0422 960 585

Oliver Grivell | 0478 069 579

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Finance Calculator

130 Valetta Road, Fulham Gardens, SA, 5024

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Property Location of 130 Valetta Road, Fulham Gardens, SA, 5024

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