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12 Todd Street, Port Adelaide, SA, 5015

Properties / Buy / South Australia / Port Adelaide

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing Wednesday 14 August, 4:30pm

Land Area

443 m² (*approx)

Floor Area

588 m² (*approx)

Property Type

Offices

Sub-type

Office Suites

Est. Income

$251,727 p/a

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2. Property Highlights

Secure Passive Investment

Refurbished two-level office building
High profile location
No Stamp Duty payable

Knight Frank Investment Sales SA are excited to bring to market 12 Todd Street, Port Adelaide offered for sale by Expressions of Interest.

Key investment features include:

• Refurbished two-level office building

• High profile location on Todd Street, fronting the $168 million Dock One development

• Fully leased with an annual Net income of $251,727* over two tenancies

• WALE 7.4 years* (by-income)

• Annual CPI rental increases to hedge inflation

• Net lease terms with tenants responsible for all outgoings (excluding land tax)

• Situated 16.5km from the Adelaide CBD with direct access via Port Road

• Prime corner site with dual street frontage to Stevedore Place

• Zoned ‘Urban Activity Centre’ with Port Adelade Enfield Council

• No Stamp Duty payable

For more details or to arrange an inspection please don't hesitate to contact the exclusive selling agents.

*Approx.

Remember to mention you found this property on CommercialReady

Property Type

Offices

Sub-type

Office Suites

Est. Income

$251,727 p/a

Wale

7.4 years

Land Area

443 m² (*approx)

Floor Area

588 m² (*approx)

Selling Method

EOI

EOI Closing Date

14 Aug 2024 04:00PM

Add to calendar

Selling Details

Closing Wednesday 14 August, 4:30pm

2. Property Highlights

Secure Passive Investment

Refurbished two-level office building
High profile location
No Stamp Duty payable

Knight Frank Investment Sales SA are excited to bring to market 12 Todd Street, Port Adelaide offered for sale by Expressions of Interest.

Key investment features include:

• Refurbished two-level office building

• High profile location on Todd Street, fronting the $168 million Dock One development

• Fully leased with an annual Net income of $251,727* over two tenancies

• WALE 7.4 years* (by-income)

• Annual CPI rental increases to hedge inflation

• Net lease terms with tenants responsible for all outgoings (excluding land tax)

• Situated 16.5km from the Adelaide CBD with direct access via Port Road

• Prime corner site with dual street frontage to Stevedore Place

• Zoned ‘Urban Activity Centre’ with Port Adelade Enfield Council

• No Stamp Duty payable

For more details or to arrange an inspection please don't hesitate to contact the exclusive selling agents.

*Approx.

Remember to mention you found this property on CommercialReady

12 Todd Street, Port Adelaide, SA, 5015 Port Adelaide

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Knight Frank - Adelaide

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

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Chet Al

+61 *** *** *** show +61 413 104 002

Ryan Mills

+61 *** *** *** show +61 400 876 747

Chris Clemente

+61 *** *** *** show +61 401 602 665

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

12 Todd Street, Port Adelaide, SA, 5015