A unit located in 66/F14214 Port Lincoln SA. Built in 1900, it has 0 bedrooms, 0 bathrooms.
VENDOR SAYS SELL!!! SUPERB INVESTMENT 10 years and 275 days + 5 + 5 + 5 + 5 YEARS TO WOOLWORTHS Commenced 13th December 2004 Note: Ground LeaseThe whole of the property is leased to Woolworths Ltd. This is a ground lease meaning the improvements to the site are owned and maintained by the lessee.The lease commenced 13th December 2004 and expires 4th September 2015 with four further rights of renewal each of five years.The current passing rental is approx $53,655.48 per annum plus outgoings and GST.The lessee pays all outgoings including Land Tax (single holding basis).Annual reviews to CPI (All Groups Adelaide) with a maximum of 4% in any one year.Land area approx. 1152 m2Zoned by the City of Port Lincoln as Regional Town Centre Policy Area 9.