225 North Terrace, Adelaide, SA 5000

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For Sale Contact Agent

  • Property ID: 381526
  • Floor Area: 4180m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
HIGH YIELDING CAR PARK ASSET

With 80% of people in Adelaide driving to work and one of the most accessible car parks in the Adelaide CBD, 225 North Terrace is perfectly located to provide convenient parking for shopping, dining, business, universities, cultural experiences and entertainment seekers.
- 97% leased with long term leases to anchor tenants Wilson Parking Australia and David Jones Limited.
- $7.495M pa estimated fully leased net income.
- 4.43-year WALE by gross income with owner option renewal.
- 1,206 car parking bays.
- Basement, ground and first floor retail accommodation of some 4,180sqm within the Charles Street Plaza.
- Only 50 metres (approx.) from Rundle Mall.
For Sale by Expressions of Interest closing 4pm (ACDT) Thursday 3 December 2020

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4375 $602 13.75%
Retail --- $409 ---
Industrial --- $250 ---
This is the average advertised price, rent and yield for Adelaide, SA 5000*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  CBRE Adelaide

 

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  Knight Frank - Adelaide

 

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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