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For Sale | Offices Investment Property new

BLUE CHIP MEDICAL INVESTMENT – 100% LEASED TO RED CROSS

93-95 St Vincent St
Port Adelaide, South Australia 5015
Australia
Inquire About This Property
Building Size:
629 SQM
Sale Price:
Negotiable
Lot Size:
715 SQM

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
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