PROPERTY SOLD PRIOR TO AUCTION.
JLL is pleased to present 52 Bath Street, Glenelg South For Sale by Public Auction.
This is an exciting opportunity to secure a well-positioned asset securely leased to long-standing tenant Elders Real Estate, who have occupied the property for more than 20 years. The property is situated in a prime position at the corner of Partridge and Bath Street, just 800* metres from Glenelg Beach, and 11* kilometres from the Adelaide CBD.
We highlight the key property features below:
Prominent site of 466* square metres at the Partridge & Bath Street intersection adjacent Romeos Foodland
New 5-year lease to long standing tenant with renewal options to 2032
Net income of $55,000* per annum
Double storey building with net lettable area of some 189m2*
Ample on-site car parking for up to 10* vehicles
For more information or to arrange an inspection, please contact exclusive selling agent JLL.
*Approx
RLA 1842