INFORMATION MEMORANDUM - Domain

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INFORMATION MEMORANDUM - Domain

INFORMATION MEMORANDUM

162 Richmond Road,

MARLESTON

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au


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INTRODUCTION

LJH Commercial is pleased to present for sale 162 Richmond Rd, Marleston.

The building, leased to T.I.M.E Pty ltd, is a stand alone office building on one of Adelaide’s main east west connectors

to the City. Its corner position with excellent exposure to this busy road, coupled with the existing lease covenants is

indeed an attractive investment irrespective of the market cycle.

Adelaide has remained one of Australia’s most stable and buoyant commercial property markets over the period

since the collapse of world financial markets and has emerged as a relatively liquid market in which investors and

financiers have continued to support. The lack of opportunities however means that when good quality assets like

162 Richmond Road, Marleston come to the market, the astute investor should give it 100% consideration.

This has been supported by transactional evidence in all price categories and asset classes with privates and

syndicates being the most active buyers. A number of development sites have produced strong sale outcomes with

local developers, Asian investors and speculators, driving prices up through competition.

The experience and track record of our commercial sales team at LJH Commercial can add significant value to the

sale process, and will work closely with you to produce a premium sale result.

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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PROPERTY BRIEF

162 Richmond Road, RICHMOND

Key Features Main Road Frontage—Corner location

Passive investment opportunity

Lease covenant to national tenant at Net Rental of $85,170 per annum (+GST)

Lease Expiry 2014 with Right of Renewal of 3 years

NLA of 350 square metres

Site Area of 820 square metres

The site has a frontage of to Richmond Road of approximately 21.34 metres

A copy of the Lease is appended.

Location

Legal Description

Zoning

Excluded Chattels

Contact

On the southern side of Richmond Road some 500 metres west of the intersection of South

Road and Richmond Road and approximately 4.4km drive to the Adelaide GPO.

The property is contained and described within Certificate of Title, Register Book Volume

5840, Folio 675 and more commonly known as 162 Richmond Road, Marleston.

162 Richmond Road, Marleston is located within the Council Area of the City of West Torrens

and is zoned Neighbourhood Centre, Policy Area 14. An extract of the zone is appended.

A list of excluded fixtures and fittings will be provided prior to the Auction.

Con Kavooris

m: 0411 883 338 e: ckavooris@ljhc.com.au

Gregor Zorkovic

m: 0418 844 049 e: gzorkovic@ljhc.com.au

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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LOCATION

***********insert Map***************

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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LEASE DETAILS

Tenant

TRAINING INNOVATION MANAGEMENT & ENTERPRISE PTY LTD

Term

Five (5) years

Commencement Date 25 May 2009

Commencing Net Rental $

Current Net Rental $85,170 per annum plus GST

Further terms

Three (3) years

Reviews

Annual increases annually to 4% with a Market review upon renewal.

Outgoings

Lessees responsibility except Land Tax

A copy of the complete Memorandum of Lease is available upon request.

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015|

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TENANT OVERVIEW

T.I.M.E. is an education and consultancy organisation based in Adelaide and provides a range of products and services to support

business and industry specific organisations in their business strategies, planning, productivity and training needs.

T.I.M.E Pty Ltd was established in 2007, bringing together two very successful corporate training and consulting organisations—Godwin

& Associates Pty Ltd (Est. 2000) and Heidt Resource Development (HRD) ( Est. 1998). The bringing together of

both organisations provides a one-stop-shop for organisations and individuals seeking the professional services of qualified

and experienced training facilitators/assessors and business consulting profiling specialists.

The organisation is managed by Ms Diane Godwin and Mr John Heidt who collectively have five decades of experience in the

provision of business and individual development and have provided these services to a vast range of industry and corporate

inclusive of:


BAE Systems Australia


Master Builders Association (MBA)


Toyota Gosei (Aust) Pty Ltd


Fielders


Barkuma


Paraquad SA


Beverley Industries


South Australian Ambulance Service (SAAS)


Big W


Adelaide Casino


CSX World Terminals


St John Ambulance


Department of Family & Community Services


Tomeo & Laslett Pharmacy Group


Disability Services


Calvary Hospital


Employers Chamber of SA (Business SA)


Trans Adelaide


Scaffidi Pharmacy Group


Regency Medical Centre


Seeley International


SCOSA

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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TITLE

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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ZONING DETAILS

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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ZONING DETAILS

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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FURTHER DETAILS

For Sale by Expressions of Interest

For Further details please contact selling Agents:

Con Kavooris

Sales & Leasing Manager

Phone: 0411 883 338

Gregor Zorkovic

Sales & Leasing Manager

Phone: 0418 844 049

Gregor Zorkovic

Con Kavooris

Mario Bonomi

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2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au


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RECENT SUCCESS

The Commercial Sales and Leasing Team at LJ Hooker Commercial have an extensive list of leasing and sales success and are able to provide commercial property

management advice with confidence. We invite you to discuss your property requirement with the team.

SOLD $825K

SOLD $3.883M

SOLD $465K

1245 South Road,

St Mary's

SOLD $4.925M

1223-1231 South Road

St Mary's

SOLD $10.8M

1219 South Road

St Mary's

SOLD $2.6M

1 Station Place ,

Hindmarsh

41 Currie Street

Adelaide

101– 103 Melbourne Street

North Adelaide

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2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au


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DISCLAIMER

This document has been prepared by LJH Commercial solely for the purpose of providing information to potential purchasers. It is provided on a confidential

basis and is not to be distributed or reproduced in whole or in part without prior written consent of LJH Commercial.

This document does not purport to contain all the information that a potential purchaser or any other interested party may require. It does not take into

account the individual circumstances, financial situation, investment objectives or requirements of a potential purchaser or any other person. It is intended to

be used as a guide only and does not constitute advice, including without limitation, investment or any other type of advice. The information contained in this

document does not constitute any offer or contract, including for sale or otherwise.

Any potential purchaser or any other interested party should obtain independent financial, taxation, accounting, legal and other advice to assist them in making

their own decisions and assessment appropriate to their circumstances. LJH Commercial and its clients assume that any person who reads or uses this document

is capable of evaluating the merits and risks of any investment or other decision with respect to a property transaction, its suitability and its financial, taxation,

accounting and legal implications without any reliance on this document.

The document may contain information prepared by third parties. Figures, calculations and other information contained in this document verified by LJH

Commercial. Any projections or analyses represent best estimated only and may be based on assumptions, which, while reasonable, may not be correct. Past

performance of any property described in this document is not a reliable indication of future performance of such property. At all times, LJH Commercial acts as

a provider of real estate services only. Except where otherwise provided, all references to rent, income or price are GST exclusive.

Users should not rely on any information contained in this document as a statement or representation of fact and must make their own enquiries to verify and

satisfy themselves of all aspects of such information, including without limitation, any income, rentals, dimensions, areas, zoning and permits. While the

information in this document has been prepared in good faith and with due care, no representations or warranties are made (express or implied) as to the

accuracy, currency, completeness, suitability or otherwise of such information. LJH Commercial, its clients, officers, employees, subcontractors and agent shall

not be liable (except to the extent that liability under statute or by operation of law cannot be excluded) to any person for any loss, liability, damage or expense

arising directly from or connected in any way with any use or reliance on such information.

2a Portrush Road, Payneham SA 5070 | PO Box 640, Marden SA 5070 | T: 08 8232 8844 | F: 08 8363 0310 | RLA 231015| adelaide@ljhc.com.au

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