FULLY LEASED INVESTMENT – CIRCA 9% RETURN

760 Grand Boulevard, Seaford Meadows, South Australia 5169

Office For Sale

For Sale
Floor Area: 980.00 m2.    

Description

Colliers International are pleased to offer for sale 760 Grand Boulevard, Seaford Meadows, a fully leased office/retail investment in the heart of the burgeoning southern Adelaide suburb of Seaford Meadows.

We are pleased to highlight the following key features of this outstanding investment opportunity:

• Well-equipped office space totalling 980* square metres offering flexibility and income

• Fully leased net income of $312,948 per annum plus GST from two state government tenants and a two year Vendor rental guarantee over the vacant space

• High profile location adjoining the Seaford Meadows Shopping Centre, comprising national tenants, Woolworths, The Reject Shop, and Chemist Warehouse

• Zoned Neighbourhood Centre within the City of Onkaparinga

• $215 million* residential development planned for the corner of Commercial and Jared Roads delivering another 700 homes* within 200 metres* of the subject property

Colliers International is exclusively appointed to offer for sale 760 Grand Boulevard, Seaford Meadows by Private Treaty - seeking offers in the range of $3.5 million.

An information memorandum is available upon request.

*approx.

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

Tom Isaksson +61 422 154 570
Oliver Totani +61 412 808 743
Jack Dyson +61 448 685 593

Features

  • Fully leased net income: $312,948 p.a.*
  • Excellent retail amenity & exposure
  • Invest and/or occupy...choice is yours

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