Knight Frank is pleased to present to market 92–96 Commercial Road, Port Adelaide. The property offers investors with an exceptional opportunity to acquire a high-profile main road retail holding, securely leased to a nationally recognised tenant, providing a defensive income profile with underlying future upside.
Key property highlights:
• Securely leased to The Salvation Army
• 5+5 year renewal options with 3% fixed annual rent reviews
• 489 sqm* site with 17m frontage to Commercial Road
• High exposure with 20,400 vehicles daily*
• Rear access via Marryatt Street and laneway access
• Flexible Urban Activity Centre zoning - up to 3 levels permitted
• Strong underlying landholding
• No stamp duty payable on commercial transactions in SA
92–96 Commercial Road, Port Adelaide is offered for sale via Auction on Friday, 15 May at 11:00am (on-site).
For more information or to arrange an inspection, talk to us today.
*Approximately
Remember to mention you found this property on CommercialReady
Knight Frank is pleased to present to market 92–96 Commercial Road, Port Adelaide. The property offers investors with an exceptional opportunity to acquire a high-profile main road retail holding, securely leased to a nationally recognised tenant, providing a defensive income profile with underlying future upside.
Key property highlights:
• Securely leased to The Salvation Army
• 5+5 year renewal options with 3% fixed annual rent reviews
• 489 sqm* site with 17m frontage to Commercial Road
• High exposure with 20,400 vehicles daily*
• Rear access via Marryatt Street and laneway access
• Flexible Urban Activity Centre zoning - up to 3 levels permitted
• Strong underlying landholding
• No stamp duty payable on commercial transactions in SA
92–96 Commercial Road, Port Adelaide is offered for sale via Auction on Friday, 15 May at 11:00am (on-site).
For more information or to arrange an inspection, talk to us today.
*Approximately
Remember to mention you found this property on CommercialReady
92-96 Commercial Road, Port Adelaide, SA, 5015
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