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SOLD

58 David Terrace, KILKENNY, SA, 5009

Tenanted Investment
DETAILS
Auction Cancelled – Sold Prior
  • Fully leased net income of $117,060*
  • Leased to global brand Pon.Bike (Aus)
  • Modern improvements providing 952 sqm*

Knight Frank is pleased to present the opportunity to purchase 58 David Terrace, Kilkenny. A fully leased investment, located approximately 6.5 kms north west of the Adelaide CBD.

Key investment highlights include:

• Fully leased net income of $117,060* per annum plus GST

• Leased to global brand Pon.Bike (Australia) Pty Ltd until June 2023 with one further 4 year option

• Modern improvements providing 952 sqm* of lettable area

• Secure 926 sqm* site with onsite car parking

• High profile, prominent corner location

• In 2019 Pon Bikes delivered more than 650,000 bicycles globally, making them one of the top 5 players in the global bicycle industry**

• Zoned Local Activity Centre within the City of Charles Sturt

Auction Cancelled – Sold Prior

*Approx.

** www.pon.com

Remember to mention you found this property on CommercialReady.com.au

PROPERTY SUMMARY
Auction:
FLOOR AREA:
952 m² (*approx)
Land Size:
926 m² (*approx)
Type:
Industrial, Retail, Office/Warehouse, Mixed Use, Office/Warehouse, Mixed Use
Tenanted Investment:
Auction Cancelled – Sold Prior
LOCATION
Property Map
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