Enormous Potential Terrific inner western location on high exposure corner site within close proximity to Bowden Urban Village, CBD, public transport (bus & train), Adelaide Entertainment Centre, public transport options, proximity to the North Adelaide parklands, North Adelaide Swimming Centre, North Adelaide commercial hub and the developing Prospect Road retail strip.
The property represents a great opportunity with upside either to refurbish the existing improvements and increase the income by renegotiation or new leasing.
Alternatively, a redevelopment under the current zoning provisions for mixed...
O’CONNELL STREET GEM - Well positioned strata suite of some 120sqm*.
- Net rental of $75,000 per annum* representing a 7.5% on the asking price.
- 5 year lease term to NAT&US PTY LTD trading as Meraki Greek - Cuisine expiring January 2021
- One dedicated private car park to be included in the sale.
- Located in Main Street (O’Connell) Zone.
For more information, please contact:
Mitch Curnow +61 415 494 056
Ben Heritage +61 438 690 867
An opportunity doesn't knock, it only presents itself A fantastic mixed-use investment opportunity in one of Adelaide's most sought-after locations being. 129 Melbourne Street, North Adelaide. A precinct known for its diversity in commercial land use including retail shops, pubs, cafs, offices and medical practices, it also boasts a surrounding medium-high density residential community. A Torrens- titled allotment with a total building area of 280sqm* distributed over 2 levels and a combined passing rental income of $104,000 p.a. + GST (Gross Lease)
Ground Floor - Spot & Co Whiskey Cocktail Lounge - Freshly renovated cocktail lounge/ bar with...