Investment Property
For Sale
  • Offices

    • BLUE CHIP MEDICAL INVESTMENT – 100% LEASED TO RED CROSS

    93-95 St Vincent St, Port Adelaide, South Australia 5015 Australia
    Investment Property
    For Sale
  • Offices

    • BLUE CHIP MEDICAL INVESTMENT – 100% LEASED TO RED CROSS

    93-95 St Vincent St, Port Adelaide, South Australia 5015 Australia
    Building Size
    629 SQM
    Lot Size
    715 SQM
    Building Size
    629 SQM
    Lot Size
    715 SQM

    OVERVIEW

    Cushman and Wakefield is pleased to offer to the market, 93-95 St Vincent Street, Port Adelaide, a premium investment opportunity in the prized healthcare sector.


    Constructed in 2009 for Red Cross Lifeblood, the blood donation clinic is perfectly positioned on a corner site with three street frontages, in the heart of the revitalised Port Adelaide.


    100% leased to Australian Red Cross Society on a new 5+2+2 year lease, and boasting net income of $190,738 per annum, the opportunity provides savvy investors with a strong income stream and a secure lease to a blue chip tenant in the essential medical and healthcare sector.


    Cushman & Wakefield is proud to bring this outstanding investment opportunity to the market and we strongly recommend it for your consideration.


    Key property highlights:


    •                    100% leased to Australian Red Cross Society

    •                    Net income of $190,738 pa*

    •                    715sqm* corner site

    •                    629sqm* medical building

    •                    Annual CPI rent reviews

    •                    NO STAMP DUTY IN SA


    93-95 St Vincent Street, Port Adelaide is for sale by public auction onsite Thursday 2 May 2024 at 11am.


    For more information or to arrange an inspection, please contact the agents.


    JED HARLEY

    0418 807 920

    jed.harley@cushwake.com


    SAM ALEXANDER

    0457 888 213

    sam.alexander@cushwake.com


    RLA

    315726

    *approximate


    - Adelaide Metro

    CONTACT

    Key Features
    • 715sqm* corner site
    • 100% leased to Australian Red Cross
    • NO STAMP DUTY IN SA

    Details

    Building Size:
    629 SQM
    Sale Price:
    Negotiable
    Lot Size:
    715 SQM

    CONTACT

    BLUE CHIP MEDICAL INVESTMENT – 100% LEASED TO RED CROSS

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

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