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SoldSep 13, 2013

718/61 Hindmarsh Square, Adelaide, SA, 5000

Amount undisclosed

3
2
1

Apartment

•

22 days on the market

Sold: Sep 13, 2013

What's around 718/61 Hindmarsh Square

Adelaide CBD investment opportunity.

Strong 5 + 5 year lease to major AUS/NZ hotel chain. $45,000 per annum net plus 4.5% annual increases. High quality residential space leased to Mantra Hotel Group as their Adelaide office. Converted 136 sqm approx apartment within the hotel plus valuable car park & wrap around balcony. 5 + 5 year lease commenced March 2013. Flexible office/hotel/residential space securely leased and providing a strong income stream. A unique and interesting investment opportunity. PLEASE NOTE THIS IS AN INVESTMENT APARTMENT ONLY & CAN NOT BE OWNER OCCUPIED.

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