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25 Wright Street, ADELAIDE, SA, 5000

+21 Photos

+23 Photos

SOLD

25 Wright Street, ADELAIDE, SA, 5000

Properties / Sold / South Australia / Adelaide Cbd

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

434 m² (*approx)

Floor Area

505 m² (*approx)

Property Type

Industrial, Offices, Child/Healthcare

Sub-type

Office/Warehouse, Office Suites, Consulting Rooms

Terms

Brand new Five (5) year lease to August 2027 plus option to 2032.

Est. Income

$183,611 p/a

Show All

2. Property Highlights

Prime Inner City Adelaide Freehold - Fleet Complete: Global Telematics Giant

5 + 5 year lease to July 2031
High calibre Tenant - Fleet Complete
High end inner city office warehouse

+Secure Five (5) year lease to July 2026 plus option to 2031.

+Fleet Complete: the world’s fastest growing telematics provider across 15 countries.

+Fixed 3% annual rent increases assuring growth.

+Immaculately presented high-end office warehouse completely refurbished in 2021 incorporating reception/waiting, boardroom and meeting rooms, training room/breakout area, kitchens and amenities, warehouse with high RSD.

+High profile 434sqm* corner site with ‘Capital City’ zoning allowing for developments up to 53 metres* (STCA).

+Excellent tax saving depreciation benefits.

+No stamp duty payable.

+Centrally located in Adelaide CBD within metres of Chinatown and the Central markets precinct.

+Net Income: $183,611 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 22 June 2022

Crown Casino - River Room

Burgess Rawson Agents

Shaun Venables 0411 860 865

RLA 293473

Adam Thomas 0418 998 971

RLA 293472

Beau Coulter 0413 839 898

RLA 315777

Knight Frank (RLA 199257)

Oliver Totani 0412 808 743

Jack Dyson 0448 685 593

Remember to mention you found this property on CommercialReady

Property Type

Industrial, Offices, Child/Healthcare

Sub-type

Office/Warehouse, Office Suites, Consulting Rooms

Est. Income

$183,611 p/a

Terms

Brand new Five (5) year lease to August 2027 plus option to 2032.

Land Area

434 m² (*approx)

Floor Area

505 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Prime Inner City Adelaide Freehold - Fleet Complete: Global Telematics Giant

5 + 5 year lease to July 2031
High calibre Tenant - Fleet Complete
High end inner city office warehouse

+Secure Five (5) year lease to July 2026 plus option to 2031.

+Fleet Complete: the world’s fastest growing telematics provider across 15 countries.

+Fixed 3% annual rent increases assuring growth.

+High profile 434sqm* corner site with ‘Capital City’ zoning allowing for developments up to 53 metres* (STCA).

+Excellent tax saving depreciation benefits.

+No stamp duty payable.

+Centrally located in Adelaide CBD within metres of Chinatown and the Central markets precinct.

+Net Income: $183,611 pa* + GST

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 22 June 2022

Crown Casino - River Room

Burgess Rawson Agents

Shaun Venables 0411 860 865

RLA 293473

Adam Thomas 0418 998 971

RLA 293472

Beau Coulter 0413 839 898

RLA 315777

Knight Frank (RLA 199257)

Oliver Totani 0412 808 743

Jack Dyson 0448 685 593

Remember to mention you found this property on CommercialReady

Tenanted Investment

Jamie Perlinger

+61 *** *** *** show +61 413 860 315

Shaun Venables

+61 *** *** *** show +61 411 860 865

Download Development Site Report

3. Property Location

25 Wright Street, ADELAIDE, SA, 5000

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

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25 Wright Street, ADELAIDE, SA, 5000 Adelaide Cbd

Burgess Rawson - Melbourne

Level 20/150 Lonsdale St, Melbourne VIC 3000

Jamie Perlinger

+61 *** *** *** show +61 413 860 315

Shaun Venables

+61 *** *** *** show +61 411 860 865

Knight Frank - Adelaide

Level 29, Westpac House, 91 King William Street, Adelaide, SA 5000

View Agency Profile

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