2/55 Lower Portrush Road, Marden, SA 5070

Hotel/Leisure | Offices

For Sale Contact Agent

  • Property ID: 384500
  • Floor Area: 782m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
BULK UP YOUR INVESTMENT PORTFOLIO!

CBRE Metropolitan Investments are excited to present this high yielding investment property to the market.
Occupied by Healthworks Fitness Centre Marden, this property is a prime opportunity for the many investors who are looking for an opportunity returning approximately 7% in a market which is seeing investment property being hotly contested. Operating continuously as a gym since 1997, the current tenant has been in occupation since the 16th of September 2019 on an initial 3-year term with two further options of 5-years to renew.
This brilliant offering is perfectly positioned on Lower Portrush Road, just north of the Marden Shopping Centre and minutes from the CBD. With the local community mostly comprising upper-class young families, the gym has a great occupancy rate with many of the locals using it and its surrounding sports fields as their main areas of exercise.
The property is highlighted with these key facts:
- Annual rental of $95,996 net
- New 3-year lease from the 16th of September 2019
- A further 10-years available for extension
- High yielding investment opportunity in a tight market
- Neat and tidy fit-out of 782sqm*
- Zoned Community Uses in the City of Norwood Payneham St Peters
For Sale by Private Treaty seeking offers of $1,200,000.

Marden Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $165 ---
Offices --- $153 ---
This is the average advertised price, rent and yield for Marden, SA 5070*
* 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.

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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