CBRE Metropolitan Investments is delighted to bring to market a fantastic opportunity to secure a premium leased retail investment at 255 Main North Road, Sefton Park located approximately 5 km from the CBD.
Leased to two well known tenants in ANZ and Fasta Pasta this impressive opportunity is too good to pass up. We further highlight the below key investment features of the property for reference:
• Superbly located on Main North Road adjacent to the Sefton Park Shopping Centre and next to Regency Plaza.
• Both tenants are afforded with ideal fixed 3% annual rental increases providing income growth
• NLA of 598sqm*
• Extensive site area of 1585sqm* spread over three certificates of title
• Impressive frontage of 45m* to Main North Road
• High exposure site with over 47,600* vehicles passing daily
• Zoned District Centre (Policy 8) – Port Adelaide Enfield council
• Net rental of $211,078pa*
For sale by Private Treaty $3,500,000
RLA 208125 *approx.