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
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58 David Terrace, KILKENNY, SA, 5009