Skip to Main Content

12 Renmark Avenue, Renmark, SA 5341

12 Renmark Avenue, Renmark, SA 5341

Retail

  • Sold Contact Agent
  • Wed 01-May-19

Healthy High Yielding Investment

  • National tenant - Priceline Pharmacy
  • Strong income from long standing tenant
  • Leased to Oct 2025 plus options to 2035

  • Land Area
  • 444.00 m² (approx)
  • Floor Area
  • 395 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Sep 03, 2019

Interested in this property? Contact an Agent today

Colliers - ADELAIDE

Level 9, 121 King William Street

Adelaide SA 5000

Healthy High Yielding Investment

Colliers International are pleased to present the opportunity to purchase 12 Renmark Avenue, Renmark. An exciting opportunity to invest into the Riverland region, with a strong national retail brand, underpinned by the regions thriving viticulture and citrus industry.

Key Investment considerations include:

- Well-located along Renmark’s main high street, situated at the eastern end submersed around local and national retailers.

- Leased to Renmark Pharmacy Pty Ltd trading as Priceline Pharmacy until 31st October 2025 plus options through to 2035.

- Providing a net income of $89,440* per annum with fixed CPI rental reviews annually.

- Dual access via the Fourteenth Street car park.

- Net lettable area of 395sqm* designed to suit pharmaceutical tenant.

- Regular site configuration with an area of 444sqm* and a 9.8m* frontage to Renmark Avenue.

*approx.

Colliers International is exclusively appointed to offer for sale 12 Renmark Avenue, Renmark via Expressions of Interest closing Thursday 18 April 2019 at 4pm (ACST).

An information memorandum is available upon request.

To arrange an

12 Renmark Avenue, Renmark, SA 5341

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts