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RAINE & HORNE
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FloorPlan
Map1 Perseverance Road, Tea Tree Gully, SA 5091
Floor Area:
306sqm
Land Area:
564sqm
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 for sale by Expressions of Interest closing Thursday the 7th of August 2025 at 4.00pm (CST).
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 564 square metres * of land, in a picturesque setting.
Approximate net income $83,400 + GST
Inspection strictly by appointment with the agents.
Agents: Tony Iasiello 0412 217 608 and David Burford 0447 200 732
*All areas and dimensions are approximate
RLA 283100
Tony Iasiello
Business Broker & Sales
David Burford
Sales and Leasing
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Property Info:
- Property ID: L35340203
- Property Type:Retail
- Building / Floor Area:306 sqm
- Land Area:564 sqm
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Recently Sold