Office

16-18 Phillips Street, Thebarton

16-18 Phillips Street Thebarton, SA Australia 5031
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Building Area Gross
Land Area Gross ()

Property description

JLL is pleased to present 16-18 Phillips Street, Thebarton for sale by Public Auction - a fully leased investment with a blue-chip tenant in a major inner-metro growth area.

 

The property is fully leased to Southern Quarries, a wholly owned subsidiary of ASX-200 ADBRI Limited (formerly Adelaide Brighton Cement). Southern Quarries operates in South Australia as part of the Concrete and Aggregates Division of ADBRI.


16-18 Phillips Street, Thebarton is set over two titles encompassing a large 1,391sqm* corner site, with modern office improvements of 609sqm* NLA in Adelaide’s rapidly growing inner-West.

Investment highlights

Property highlights: 


  • Securely leased to Southern Quarries, wholly owned subsidiary of ADBRI Limited (ASX: ABC)
  • Brand New 3 + 3 Year lease from 1 August 2021
  • Net income of approximately $168,356 * per annum (plus GST and outgoings)
  • Prominent corner site of 1,391* square metres set across two titles
  • Single storey building of 609* square metres
  • Exceptional on-site car parking for 24 vehicles


16-18 Phillips Street, Thebarton is offered for sale by Public Auction onsite Thursday 28 of October at 11am.


For more information or to arrange an inspection please contact the selling agents.


*Approx.

Last Updated Date: 30 Sep 2021
Jed Harley
Jed Harley
Director, Sales & Investments - SA
Sam Alexander
Executive - Metropolitan Sales

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Last Updated Date: 30 Sep 2021

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