19-23 Cypress Street, Adelaide comprises an affordable freestanding Torrens Titled office/warehouse building situated in the popular eastern side of the CBD in close proximity to the new Calvary Hospital.
The building provides approximately 630 square metres across a two storey office section to the front and a solid brick, high bay warehouse to the rear which is currently used for parking 15-20 vehicles.
Whilst being well-suited to owner-occupation or investment in the short term, the future development potential of the site cannot be understated. Comprising approximately 609 square metres over three titles, the property sits in the Capital City zone allowing for a broad range of uses up to 53 metres in height (subject to statutory consents).
The property is leased to APOSS until the end of June 2019, generating valuable holding income of approximately $5,500 per month (plus GST).
For sale by Private Treaty.
For further information or to arrange an inspection, please contact exclusive selling agents JLL.
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase Price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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