Inner-Adelaide office trades for $16 million
A modern and fully let office in Wayville, in Adelaide’s inner south-west, has sold for $16 million.
The triple-storey complex with 120 car parks at 67 Greenhill Road returns annual rent of approximately $1.106 million.
Multiple tenants, including AMP Advice, which has naming rights, occupy the 3308 square metre building, which offered a weighted-average-lease expiry of about 5.6 years.
The office sits on a 3344 square metre block with rear access to Greenhill Lane.
Colliers International’s Paul Van-Reesema and Alistair Mackay sold the property following an expressions of interest campaign which closed late last year.
