93 - 95 St Vincent Street, Port Adelaide - BLUE CHIP MEDICAL INVESTMENT – 100% LEASED TO RED CROSS
93-95 Saint Vincent Street Port Adelaide SA 5015
Key Property Highlights
| Building Area | 629 sqm |
|---|---|
| Land Area | 715 sqm |
| Listing Status | Sold |
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