Knight Frank is delighted to present 70-76 Wandearah Road, Port Pirie to the market for sale by Expressions of Interest. Offered with a leaseback to Southern Cross Austereo (SCA), and current license agreement to Vodafone, idealy suited for the astute investor.
Key investment features include:
• Fully leased investment providing a net income of $73,145 per annum plus GST
• Leased to Southern Cross Austereo (SCA) as well as a License Agreement to Vodafone Network for the use of the transmission tower.
• SCA leased until 2025 with options through to 2035 Vodafone Network licensed until 5th March 2035.
• Substantial built form of approximately 1,200 sqm* split between two levels.
• Highly exposed 5,853 sqm* site inclusive of the adjoining dwelling providing tremendous frontage to Wandearah Road.
• The property is centrally located within the township of Port Pirie, zoned Residential within the Port Pirie Regional Council.
70-76 Wandearah Road, Port Pirie is offered for sale by Expressions of Interest closing Thursday 29 October at 4pm.
This property is also available in conjunction with 60 Playford Avenue, Whyalla & 79 Mortlock Terrace, Port Lincoln.
For further information on this opportunity, feel free to contact the exclusive selling agents.