92/1 George Street Parkside, SA 5063

Price guide $650,000

Presenting an exceptional retail commercial shop with a secure lease in place until October 2029, located in a premium city-fringe position just 1km from the Adelaide CBD.

Positioned beneath One of the Park Apartments with prominent street frontage and outstanding exposure, this is the only commercial tenancy in the complex - a rare opportunity for investors seeking a high-visibility, low-maintenance asset.

Investment Highlights:

• 5-year lease through to October 2029
• Annual fixed rent increases of 4%
• Stamp duty free investment (no stamp duty payable on commercial property in South Australia)
• Net income: $26,000 p.a.* + GST
• Approx. 39 sqm* of internal space with access to two communal alfresco seating areas (20 sqm)*
• Modern café fit-out with grease trap and essential kitchen infrastructure
• Access to shared recreational facilities, including a gym
• Landlord-favourable net lease - tenant pays all usual outgoings including rates and building insurance

*approx.

Don't miss this exceptional investment opportunity!

Register your interest promptly to secure this rare commercial property.

Contact:
Marco Lai - 0433 733 368
Sumit Khatri - 0433 577 970

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own inquiries and obtain their own legal advice.