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Level Ground, 198 North Terrace, Adelaide, SA, 5000
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Level Ground, 198 North Terrace, Adelaide, SA, 5000

2. Property Highlights

Iconic Adelaide Trophy Investment

- 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

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Michael Dimasi
Michael Dimasi
+61 *** *** *** show +61 405 360 253
Message
+61 405 360 253 mdimasi@adl.mcgees.com.au Message
Igor Jaric
Igor Jaric
+61 *** *** *** show +61 474 345 945
Message
+61 474 345 945 ijaric@adl.mcgees.com.au Message
Andrew Wilson
Andrew Wilson
+61 *** *** *** show +61 450 965 633
Message
+61 450 965 633 awilson@adl.mcgees.com.au Message

3. Property Location

Level Ground, 198 North Terrace, Adelaide, SA, 5000

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4. Due Diligence

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Level Ground, 198 North Terrace, Adelaide, SA, 5000 Adelaide Cbd
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McGees Property Adelaide
McGees Property Adelaide
Level 10/60 Waymouth Street, Adelaide, SA 5000
Michael Dimasi
Michael Dimasi
+61 *** *** *** show +61 405 360 253
Igor Jaric
Igor Jaric
+61 *** *** *** show +61 474 345 945
Andrew Wilson
Andrew Wilson
+61 *** *** *** show +61 450 965 633
Enquire
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