The Watson is an iconic multi-purpose complex that blends professional and lifestyle needs into one complete solution. Don’t miss out on this unique opportunity to invest in one of six prime retail spaces in this state-of-the-art-building.
Perfect for first time investors; this is a hassle free investment property with great depreciation benefits and strong rental returns. With a secure tenant in place on a long term lease, all you need to do is sit back and reap the benefits of your investment.
Key features include:
- $297,000 investment
- Brand new 5 year lease with 5% rental increases, 6.7% return on investment
- $19,950 rental p.a.
- High quality tenant who has signed a long term lease
- Great exposure in a highly visible location on the ground floor
Located minutes away from the Adelaide CBD in the heart of Walkerville, The Watson is easily accessed by public transport has ample car parking within close proximity.
The Watson is situated opposite a brand new shopping centre with a major Woolworths and is just a short stroll from North Adelaide’s Melbourne Street with its bustling cafes, restaurants and shops.
Call Natalia today on 0403 388 828 or 1300 139 149