Situated on the second floor of 'Flinders Loft' above exceptionally popular café 'Flinders Street Project', L2, 276 Flinders Street is nestled amongst a sensational streetscape. Located perfectly between the Hutt Street and the Rundle Street/East End, this vibrant area will ensure tenant demand remains strong.
Currently fully occupied with long term leases in place, this two-tenancy office investment provides a differentiated product with attractive yield, outstanding quality and surrounding amenity.
Further details as follows: - Second floor office with two tenancies in popular East Adelaide precinct - NLA of 404sqm* - Fully leased providing a passing net rental of $163,654pa*. - Tenants Advantage One & Save the Children on long term leases - Fixed 3% and 4% increases respectively - Long term income WALE of 5.62 years - Further 5-year options on both leases - Modern building further improved by surrounding amenity - Shared foyer and bathroom facilities situated on Level 2 - 4 car parks all leased by tenants
Map for Level 2, 276 Flinders Street Adelaide SA 5000
Map for Level 2, 276 Flinders Street Adelaide SA 5000
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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