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Woolworths Lease Covenant to 2026

1551-1553 Main South Road, O'HALLORAN HILL SA, 5158

Sold

Property Sold in 1551-1553 Main South Road, O'HALLORAN HILL SA, 5158

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11272906
Status:
Sold
Price:
$3,900,000
Last Updated:
16/03/2020
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Property Type

Retail/Land/Development
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Land Area

2408 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

Woolworths Lease Covenant to 2026

10 year lease to Woolworths Ltd to December 2026 plus options
Woolworths Petrol: Network of 600+ petrol stations across Australia with sales of $4.7 billion (2016/17)
Desirable net lease structure with tenant responsible for all usual outgoings including Land Tax
Annual CPI Rent Reviews
Strategic homebound site of 2,408 sqm with 50m frontage to high traffic 6 lane thoroughfare – over 30,000 vehicles passing daily
Modern improvements including large convenience store, attached canopy and underground fuel infrastructure
Main South Rd: Gateway to Adelaide’s southern residential growth corridor
O’Halloran Hill: Established metro suburb approx. 16km from Adelaide CBD
Rent: $280,073 pa

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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