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Medical grade investment opportunity - #1
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For Sale

Expressions of Interest closing 31st Aug 2023 Adelaide
Occupying the entire sixth floor, Level 6, 19 North Terrace, Hackney, offers a secure leased investment in the popular inner eastern city fringe. The property is leased to longstanding tenant Pearl Healthcare on a brand new 3 year term with options extending to 2035. Providing a net income of $68,844p.a.*, the lease offers annual 3.00% rent reviews with all outgoings payable by the lessee. Currently utilised as a dental workshop, the 336sqm* strata office provides panoramic views of Adelaide’s Botanic Gardens, the Adelaide Hills and city parklands. It is located just a short 550m* walk to the city and offers easy access to the National Wine Centre and Adelaide’s popular East End district.

Colliers International is pleased to present the opportunity to purchase Level 6, 19 North Terrace, Hackney with the following key attributes:

•336sqm* office space
•$68,844p.a.* net income
•Brand new 3 year lease
•550m* walk to Adelaide City
•3 dedicated car parks
•Short walk to East End district

*approx.

For sale by Expressions of Interest closing Thursday 21 September 2023 at 3:00pm (ACST).

To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.

Features

Total Area - M
336sqm* office space
Net Income
$68,844p.a.* net income
Vacancy / Occupancy
Brand new 3 year lease
Location / Proximity
Short walk to East End district
  • 23/11/2023
  • Contact our experts for details on this transaction