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DESCRIPTION:Prime Unley Road Investment Opportunity\nPresenting an exceptio
 nal investment opportunity in close proximity to Adelaide's CBD\, position
 ed along one of Adelaide's emerging development and commercial roads. Loca
 ted just metres from Unley Shopping Centre\, the property sits within a ti
 ghtly held precinct surrounded by quality businesses and established ameni
 ties.\n\nOffering a highly convenient location with strong exposure and ex
 cellent connectivity\, this is an outstanding opportunity for investors se
 eking a well-positioned asset in one of Adelaide's established inner-south
 ern suburbs.\n\nThe property is leased by established tenant Sugarcoat Tan
 ning Salon\, with the rear portion of the property leased to a hairdresser
  as a subtenant.\n\n• 251m2* site area\n• 113m2* NLA\n• 5.64 metre f
 rontage to Unley Road\n• Zoned Urban Corridor (Main Street) \n• Five (
 5) year lease term commenced 05.02.2024\, expiring 04.02.2029\n• Five (5
 ) year renewal option\n• Net rental of approximately $40\,236.48 p.a. + 
 GST + Outgoings\n• Next CPI rental increase due February 2027\n• Tenan
 t pays all statutory outgoings\, excluding Land Tax (current outgoings app
 rox. $11\,228.76 p.a.)\n• Bank Guarantee held as security under the leas
 e\n• Well-presented and exceptionally well-maintained premises\n• Rear
  courtyard with on-site parking\n• Established head tenant - Sugarcoat T
 anning Salon\n• Rear portion occupied by hairdresser subtenant\n\nGST fr
 ee going concern\, and there is NIL stamp duty payable on purchase of comm
 ercial property in SA.\n\nFOR SALE BY PUBLIC AUCTION ON-SITE FRIDAY 16 OCT
 OBER 2026 AT 11:00am ACST unless sold prior.\n\nIf you would like any furt
 her information or to view the property\, please contact the agent to arra
 nge an inspection. (Inspection highly recommended) \n\nMichael Kourbelis 0
 452 239 633\n\n* All areas/dimensions approximate\n\nRLA 283100
DTEND:20261016T120000
DTSTAMP:20260911T023531Z
DTSTART:20261016T110000
LOCATION:238 Unley Road\, Unley SA
SEQUENCE:0
SUMMARY:Auction: 238 Unley Road\, Unley SA
UID:CRE-2021148380-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Prime Unley Road Investment Opportuni
 ty <br/> Presenting an exceptional investment opportunity in close proximi
 ty to Adelaide's CBD\, positioned along one of Adelaide's emerging develop
 ment and commercial roads. Located just metres from Unley Shopping Centre\
 , the property sits within a tightly held precinct surrounded by quality b
 usinesses and established amenities.\n <br/> \n <br/> Offering a highly co
 nvenient location with strong exposure and excellent connectivity\, this i
 s an outstanding opportunity for investors seeking a well-positioned asset
  in one of Adelaide's established inner-southern suburbs.\n <br/> \n <br/>
  The property is leased by established tenant Sugarcoat Tanning Salon\, wi
 th the rear portion of the property leased to a hairdresser as a subtenant
 .\n <br/> \n <br/> • 251m2* site area\n <br/> • 113m2* NLA\n <br/> •
  5.64 metre frontage to Unley Road\n <br/> • Zoned Urban Corridor (Main 
 Street) \n <br/> • Five (5) year lease term commenced 05.02.2024\, expir
 ing 04.02.2029\n <br/> • Five (5) year renewal option\n <br/> • Net re
 ntal of approximately $40\,236.48 p.a. + GST + Outgoings\n <br/> • Next 
 CPI rental increase due February 2027\n <br/> • Tenant pays all statutor
 y outgoings\, excluding Land Tax (current outgoings approx. $11\,228.76 p.
 a.)\n <br/> • Bank Guarantee held as security under the lease\n <br/> 
 • Well-presented and exceptionally well-maintained premises\n <br/> • 
 Rear courtyard with on-site parking\n <br/> • Established head tenant - 
 Sugarcoat Tanning Salon\n <br/> • Rear portion occupied by hairdresser s
 ubtenant\n <br/> \n <br/> GST free going concern\, and there is NIL stamp 
 duty payable on purchase of commercial property in SA.\n <br/> \n <br/> FO
 R SALE BY PUBLIC AUCTION ON-SITE FRIDAY 16 OCTOBER 2026 AT 11:00am ACST un
 less sold prior.\n <br/> \n <br/> If you would like any further informatio
 n or to view the property\, please contact the agent to arrange an inspect
 ion. (Inspection highly recommended) \n <br/> \n <br/> Michael Kourbelis 0
 452 239 633\n <br/> \n <br/> * All areas/dimensions approximate\n <br/> \n
  <br/> RLA 283100</P></body></html>
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