- 15-year initial lease term with two (2) ten year options
- Leased to tenant Mobil X operating 26 service stations across South Australia
- Desirable lease structure with fixed annual growth of 3%
- Annual income to be a minimum of $295,000* per annum as of January 2020
- Excellent exposure on one of Adelaide's main arterial roads
- Over 40,000* vehicles passing daily
- Corner site area of 2,588 sqm* and more than 50 m* frontage
- Building completed January 2020 providing fantastic deprecation benefits
- Well situated amongst established national retailers
- Close proximity to the Gilles Plains Shopping Centre
- South Australia offers nil stamp duty on commercial property
- Zoned Commercial by Port Adelaide Enfield Council
For sale by Expression of Interest closing Thursday 12 December 2019 at the office of McGees Property.
Note: Image 1 is an artist's impressions only.