Woolworths Limited leased investment

Description

Fully leased to Woolworths Limited until 2026 plus options.
Annual CPI rent reviews.
Woolworths pay all usual outgoings including Land Tax.
Commanding 2,408 sqm site with 50 metres of frontage and exposure.
Recently upgraded to Woolworths latest corporate design.
Main South Road: Gateway to Adelaide’s southern residential growth area.
Woolworths Limited: AAA Tenant with 633 petrol stations across Australia.
Net passing rent of $395,388 pa plus GST (as at Dec 2014 assuming 2.5% CPI Review) is reset to $275,000 pa plus GST from Dec 2016.

Under instructions from McGrathNicol

Interstate bidding by prior arrangement.

Auction 11am AEDT Wednesday 10 December.
River Room, Crown Casino.

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Jamie Perlinger Head of Agency | Partner
0413 860 315
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O'HALLORAN HILL, SA

1551-1553 Main South Road

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