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Retail | 3 Adrian Road Casey 2164 SA Australia
Write Up Information

Investment Type:

Retail

Price:

$

9000000

Net Yield:

1

%

Net Yield - including solar strategy:

7.6

%

Property Market Status:

Off Market

Introduction

true

Background Information
Asset Age:
32
Reason For Selling:
Divorce
Days Property Has Been On Market:
Strata Titled:
Yes
Last Year/Price Sold:
Security Provided:
Seller/Tenant Related Parties:
Yes
Average Re-Lease Time:
How Long Has Current Tenant Been On Site?
10
How Long Have They Been In Business Overall?
30
Maintenance Works Required?
Unapproved Structures On Site?
No
Flood Zone:
No
Leaseback?
Yes
First Time Rethink Have Had This?
Yes
Location on Map
Victoria

<span style="color:rgb(51, 51, 51);">Why Victoria? The most liveable city Frequently appearing in the top rankings of the world’s most liveable cities by the Economist Intelligence Unit. Melbourne has set the benchmark as a leader in all sectors including business and finance, healthcare, education and infrastructure. A thriving and cosmopolitan global hub. Melbourne consistently is outperforming its regional and global neighbours in the liveability rankings. Melbourne has well and truly positio</span>

State Growth

<span style="color:rgb(51, 51, 51);">Why Victoria? The most liveable city Frequently appearing in the top rankings of the world’s most liveable cities by the Economist Intelligence Unit. Melbourne has set the benchmark as a leader in all sectors including business and finance, healthcare, education and infrastructure. A thriving and cosmopolitan global hub. Melbourne consistently is outperforming its regional and global neighbours in the liveability rankings. Melbourne has well and truly positio</span>

Tenant Profile
Tenant Name

Tenant Name

Tenant Website

Lots of tenant information here

Tenant Name

Tenant Name

Tenant Website

Lots of tenant information here

Lease Summary / Financial Overview
Annual Rent:

300000

Initial Term:

Start:

September 25, 2024

End:

September 20, 2027

Options:

Security:

Security Info:

Outgoings:

100000

Rental Comparisons

Cashflow Summary

cashflow and prop projections

Offer To Purchase
Offer To Purchase:

$

9000000
Deposit 1:

$

900000
Deposit 2:
10000000
Due Diligence:
30
Finance:
30
Settlement:
30
Key Highlights

<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;"> Secure 10-year lease commenced May 2020 plus options through to 2040</span></p></li></ul>● High demand essential services medical investment trading as The Foot &amp; Ankle Clinic. The Foot &amp; Ankle Clinic is owned by Healthia Group, Australia’s La