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17-19 Old Sturt Highway, Nuriootpa

17-19 Old Sturt Highway Nuriootpa SA 5355

Industrial & Warehouse
Investment
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Property No.

Key Property Highlights

Annual Rental $197,077
Building Area 701 sqm
Land Area 4868 sqm
Parking On Site
Listing Status Current

Cushman and Wakefield is pleased to offer to the market, 17-19 Old Sturt Highway Nuriootpa, a premium investment opportunity, 100% leased to Bridgestone Australia and located within Australia’s most famous wine region, the world-renowned Barossa Valley.

Key investment highlights:

  • 100% leased to Bridgestone Australia (Subsidiary of Bridgestone Corporation)
  • Net income of $197,077 per annum (Oct 22) *
  • 10 + 5 + 5 Lease commencing 1 October 2017
  • Fixed annual 3% increases
  • Purpose-built Bridgestone Truck Service Centre
  • Total building area – 701 m2 *
  • Total site area of 4,868 m2 *
  • Low site coverage ratio for potential future expansion
  • Recently constructed facility offering significant tax depreciation benefits
  • Large heavy duty, concrete hardstand area and on-site car parking
  • Located within Australia’s most famous wine region, the Barossa Valley
  • Significant exposure to Sturt Highway (National Highway A20)
  • Less than 2kms * from the Nuriootpa Township
  • Land tax is recoverable (single holding) and no stamp duty payable

Cushman & Wakefield is proud to bring this outstanding property to the market and we strongly recommend it for your consideration.

17-19 Old Sturt Highway, Nuriootpa is being offered for sale by Expressions of Interest closing Thursday 23rd June 2022 at 4pm (ACST).

For more information or to schedule an inspection please contact exclusive selling agents, Cushman & Wakefield.

RLA 315726

*approximately

17-19 Old Sturt Highway, Nuriootpa17-19 Old Sturt HighwayNuriootpa, SA 5355
17-19 Old Sturt Highway Nuriootpa SA 5355