1104/147 Pirie, Adelaide, SA 5000

Offices

For Sale Contact Agent

  • Property ID: 401991
  • Floor Area: 267m²
  • Land Area: 267m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Fully Leased Strata Investment

Knight Frank Investment Sales are delighted present Suite 1104/147 Pirie Street, Adelaide to the market for sale by Expressions of Interest.
Desirably positioned on Level 11 of the “Aurora on Pirie” building with western facing views, Suite 1104 presents as a self-contained strata unit leased to Oracle Insolvency Services through to 30th April 2024 plus options.
Key investment features include:
- Prime Adelaide CBD position within a premium A-Grade strata office building
- Level 11 suite with western facing views providing ample natural light
- Leased to Oracle Insolvency Services on a 5 + 5 year term, commencing 1st May 2019
- Fixed 3.5% rent increases, with market review upon renewal
- Floor area of 267 sqm* with access to common area amenities
- Includes two car parking spaces and two storage areas within the lower basement
- Estimated current net income of $106,616 per annum
Suite 1104/147 Pirie Street, Adelaide is offered for sale by Expressions of Interest closing Thursday 28th October at 4pm.
For further information on this opportunity, please contact the exclusive marketing agents.
*Approx.

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4745 $639 13.46%
Industrial --- $208 ---
Retail --- $439 ---
This is the average advertised price, rent and yield for Adelaide, SA 5000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in SA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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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