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52 Bath Street
Glenelg South SA 5045
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Sold on 13 May 2021

52 Bath Street Glenelg South SA 5045

  • Offices
  • 189 m²
  • Sold

Securely leased investment opportunity

    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

    Property Highlights

    Date Sold13 May 2021
    Floor Area189 m²
    Land Area466 m²
    Parking10 x Onsite parkings
    Building TypeWhole building
    Property ID2016947397
    Category
    Last updated  25 Jun 2021
    Map for 52 Bath Street Glenelg South SA 5045

    Property Highlights

    Date Sold13 May 2021
    Floor Area189 m²
    Land Area466 m²
    Parking10 x Onsite parkings
    Building TypeWhole building
    Property ID2016947397
    Category
    Last updated  25 Jun 2021
    Level 18, Grenfell Centre 25 Grenfell St Adelaide SA 5000

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