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150m2 - To be refurbished to Client Specifications
860m2 - Front Retail Showroom with Prime window display and rear warehouse area
2. Future Potential Vacancies – subject
to existing lease renewals
None available – please register your intrest and future requirements with us.
- Typical rentals in 2007 are in the $150/210 net per annum range upgraded latest styles, floor layouts, disable access etc. individual wet areas, car parking included.
- Outgoings are in the range of $30 per m2 per annum.
- A minimum of 10% discount applies to not for profit
groups* – inline with past 12 years community support policy
(*community
type non profit organisations only).
Direct Comparison of Fringe Office versus
Hilton Central over 10 years:
TYPICAL AVERAGE TENANCY
Size 400sq metres @ $290 gross Rent with 10 Car Park
Requirements
Car Parks @ $20/Mth (or higher) and assuming CPI of 3.0% pa increases annually
|
|
Year 1
|
Year 2
|
Year 3
|
Year 4
|
Year 5
|
Year 6
|
Year 7
|
Year 8
|
Year 9
|
Year 10
|
Totals
|
|
Chart
updated
22/6/06
|
|
Greenhill
Rd/Fullarton Rd
/Adelaide CBD |
|
Rental 400 m2
net area @ $290- gross per annum |
10
Year Totals |
|
Rental @ $290 gross |
$116,000
|
$119,480
|
$123,064
|
$126,756
|
$130,559
|
$134,476
|
$138,510 |
$142,665
|
$146,945
|
$151,354
|
$1,329,810
|
|
Car Parks 10
|
$ 2000
|
$ 2,060
|
$
2,122
|
$ 2,185
|
$ 2,251
|
$ 2,319
|
$ 2,388
|
$ 2,460
|
$ 2,534
|
$ 2,610
|
$ 22,928
|
|
Total PA Rent
|
$118,000
|
$121,540
|
$125,186
|
$128,942
|
$132,810
|
$136,794
|
$140,898 |
$145,125
|
$149,479
|
$153,963
|
$1,352,738 |
|
|
|
Hilton Central |
|
Rental 400 m2 net area @ $185- gross per annum |
|
|
Rental $185 gross
|
$74,000
|
$76,220
|
$78,507 |
$80,862
|
$83,288
|
$85,786
|
$88,360
|
$91,011
|
$93,741
|
$96,553
|
$ 848,327 |
|
Car Parks 10
|
$ 2000 |
$ 2,060
|
$ 2,122
|
$ 2,185
|
$ 2,251
|
$ 2,319
|
$ 2,388
|
$ 2,460
|
$ 2,534
|
$ 2,610
|
$
22,928
|
|
Total PA Rent
|
$76,000
|
$78,280
|
$80,628
|
$83,047
|
$85,539
|
$88,105
|
$90,748
|
$93,470
|
$96,275
|
$99,163
|
$
871,255 |
|
|
|
Savings: |
|
Yearly Savings
|
$42,000 |
$43,260
|
$44,558
|
$45,895
|
$47,271
|
$48,690
|
$50,150
|
$51,655
|
$53,204
|
$54
450
|
$ 481,483
|
|
|
|
5 year savings = $222,984 |
10 year savings =
$481,483
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