Sold
Retail

2/88 Elizabeth Way Elizabeth, SA 5112

Sold on 15 Jul 2026
  • Building: 293m²
  • Land: 2,964m²
Agents

Sold By

  • Loading...
  • Loading...
  • Loading...

Retail in Elizabeth

High Profile Fast-Food Leased Investment

  • Building: 293m²
  • Land: 2,964m²

RWC Adelaide are pleased to present Carl's Jr. at 2/88 Elizabeth Way, Elizabeth, to market for sale via Private Treaty.

Newly completed in 2022, this genuine gateway corner site offers long term lease security along with outstanding future potential.

This property boasts the following key investment highlights:

  • Secure 12-year lease to QSR Trading Pty Ltd, trading as Carl's Jr., commencing 1 June 2022 with two (2) further rights of renewal of five (5) years
  • Newly built precinct completed in 2022, offering significant depreciation benefits
  • Prominent corner site with exceptional exposure to Main North Road and Elizabeth Way, benefitting from over 52,000 vehicles passing daily*
  • On the doorstep to the Elizabeth City Centre, the primary destination in Adelaide's north for all shopping, dining and entertainment needs
  • Landmark 2,964sqm* Torrens Titled Allotment with favourable Urban Activity Centre zoning, future proofing the asset long term
  • Landlord favourable Net lease structure with all usual outgoings recoverable, plus fixed rental increases
  • Estimated net income of $187,025* + GST per annum as of 1 June 2026
  • No stamp duty payable

2/88 Elizabeth Way, Elizabeth is offered for sale via Private Treaty.

Building:

293m²

Land:

2,964m² / 0.73 acres

Tenancy:

Tenanted

Categories:

Retail, Showrooms/Bulky Goods

2/88 Elizabeth Way, Elizabeth, SA 5112