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Level Ground, 198 North Terrace, Adelaide, SA, 5000
Adelaide Cbd
- Securely leased investment to longstanding blue-chip tenant
- Prime CBD location with significant frontage to North Terrace
- Surrounded by Adelaide's most significant landmarks
McGees Property is thrilled to offer an exceptional investment opportunity along the esteemed and coveted North Terrace in the heart of Adelaide's CBD. Widely recognised as Adelaide's ceremonial and premier boulevard, this locale presents an unparalleled chance for investment.
Key investment highlights:
- Long standing global tenant – OPSM (Luxottica Retail Australia Pty Ltd)
- Recently committed new 5-year lease expiring 30 June 2029
- Net Rental $170,000 as at 1st July 2024 p.a. plus GST plus outgoings
- 280 sqm* net lettable area
- Basement (vacant possession) also available to purchase - contact agents for more details.
For Sale by Expressions of Interest closing Tuesday 9 April 2024 at 4pm.
For further details or to arrange an inspection of Ground Floor, 198 North Terrace, Adelaide contact Igor Jaric, Andrew Wilson or Michael Dimasi of McGees Property (RLA 1722).
(* approx)
Remember to mention you found this property on CommercialReady
- Securely leased investment to longstanding blue-chip tenant
- Prime CBD location with significant frontage to North Terrace
- Surrounded by Adelaide's most significant landmarks
McGees Property is thrilled to offer an exceptional investment opportunity along the esteemed and coveted North Terrace in the heart of Adelaide's CBD. Widely recognised as Adelaide's ceremonial and premier boulevard, this locale presents an unparalleled chance for investment.
Key investment highlights:
- Long standing global tenant – OPSM (Luxottica Retail Australia Pty Ltd)
- Recently committed new 5-year lease expiring 30 June 2029
- Net Rental $170,000 as at 1st July 2024 p.a. plus GST plus outgoings
- 280 sqm* net lettable area
- Basement (vacant possession) also available to purchase - contact agents for more details.
For Sale by Expressions of Interest closing Tuesday 9 April 2024 at 4pm.
For further details or to arrange an inspection of Ground Floor, 198 North Terrace, Adelaide contact Igor Jaric, Andrew Wilson or Michael Dimasi of McGees Property (RLA 1722).
(* approx)
Remember to mention you found this property on CommercialReady
Level Ground, 198 North Terrace, Adelaide, SA, 5000
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
