For Sale By Expression Of Interest By 2pm on Friday 28th February 2025 The exclusive Commercial Agents Matt Lazarus and Ronald Ozeri are pleased to present for sale by expression of interest a fully leased investment opportunity in the high-growth northern corridor of Adelaide. This modern two-level entertainment complex is home to 2x well-established South Australian brands, Little Rockets Play Café and Bazinga, offering a strong, diversified income stream backed by long-term tenants. Strategically located within the booming Playford Alive development, this property benefits from a large landholding, excellent accessibility, and high foot traffic. Positioned just 35 km from the Adelaide CBD, it enjoys proximity to key amenities including Woolworths Playford Shopping Centre, SA Pathology, and On The Run, ensuring continuous patronage for the businesses operating within. This high-exposure site is fully leased, providing a current net income of $246,872.76 per annum + GST, supported by formal lease agreements that ensure stability and security for investors. Key Investment Highlights: • Fully leased investment with 4 years remaining on the first term • Net income of $246,872.76 per annum + GST • Large landholding of 2,176 sqm* • Building footprint of 1,313 sqm* • Dual-level tenancy featuring: • Ground Floor - Little Rockets Play Café (949 sqm)* • First Floor - Game On (364 sqm)* • Secure long-term tenants catering to a strong local demographic • 29 on-site car parks with direct access from multiple frontages • Zoned Suburban Activity Node within the City of Playford, offering strong future potential The Playford Alive precinct continues to experience rapid residential and commercial growth, making this a highly desirable location for investors. The property's corner frontage, accessibility, and well-established tenants ensure ongoing demand, while the modern, adaptable improvements offer long-term depreciation benefits. With exceptional investment fundamentals and a prime northern Adelaide location, this opportunity is well suited to investors seeking a secure, income-generating asset with long-term upside potential. For Sale by Expression of Interest For further details or to arrange an inspection, please contact: Matt Lazarus • 0430 745 100 • [email protected] Ronald Ozeri • 0413 003 029 • [email protected] Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Consulta por e-mail para Ray White - Norwood- RLA 278530
Propriedade ID: 504786648