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1 Perseverance Road, Tea Tree Gully, SA 5091
Floor Area:
306sqm
Land Area:
538sqm
For Sale
In excess of $1,200,000
LEASED INVESTMENT - New 5 + 5 year lease
Raine and Horne Commercial are delighted to present 1 Perseverance Road Tea Tree Gully SA to the market.
Located in Tea Tree Gully with easy access to North East Road this property has a long history with the local community. Securely leased on a new five-year term with a five-year option to renew, the property presents an ideal opportunity for an astute investor. Currently utilised as a Licensed Restaurant with abundant nearby parking.
With improvements of approximately 306 square metres* consisting of an attractive stone-fronted building adapted for restaurant use. Located on approximately 538 square metres* of land, in a picturesque setting.
Approximate net income $83,400 + GST.
All enquiries and inspections are strictly by appointment with the agents listed below.
Tony Iasiello 0412 217 608
David Burford 0447 200 732
*All areas and dimensions are approximate
RLA 283100

Tony Iasiello
Business Broker & Sales

David Burford
Sales & Leasing
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Property Info:
- Property ID: L35340203
- Property Type:Retail
- Building / Floor Area:306 sqm
- Land Area:538 sqm
Recently Listed
Recently Sold