Solid Government tenant in Legal precinct

Strong Government tenant in SA Prominent Regional City
Whyalla is set to become the hub of the states renewable energy sector
Leased to Minister Infrastructure & Transport (Legal Services Commision)

Well positioned in Whyalla’s Legal Precinct

– Total refurbishment in 2020
– Lease Term until 31/01/2026
– Right of Renewal 1 x 3 years & 1 x 2 years (5 Total) to 31/01/2031
– Strategic location
– Designed for purpose
– Estimated net annual income of $28,900 + GST as of September 2023
– Prime site with onsite hardstand car parks at rear plus roadside parking
– Building Area approximatly 145 m2
– Land Area approximately – 314 m2
– Frontage to Forsyth St approximately 7.82 mtrs
– Zero stamp duty on sale of commercial property in South Australia

Property ID: 1294867