Knight Frank Investment Sales are delighted to present 189-191 Henley Beach Road, Mile End to the market for sale by Expressions of Interest.
A fully leased investment backed by its inherent property fundamentals of inner metropolitan location, large site area and future development potential.
Key investment features include:
- Well-positioned asset only 2.5km* west of the Adelaide CBD
- Fully leased investment to long standing tenant through to March 2026 plus options to 2036
- High performing restaurant chain, benefiting from the outbound location on Henley Beach Road with over 28,000 daily passing vehicles
- Regular shaped allotment with site area of 1,177 sqm* and 26m* frontage to Henley Beach Road
- Zoned Urban Corridor (Main Street) within the City of West Torrens
- Valuable on-site parking for 25 vehicles
- Estimated net income of $104,869 per annum plus GST
- No stamp duty payable
189-191 Henley Beach Road, Mile End is offered for sale by Expressions of Interest closing Thursday, 15 September at 4pm.
For further information on this opportunity, please contact the exclusive marketing agents.
*Approx.