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296 Brighton Road
North Brighton SA 5048
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Sold on 14 Feb 2020

296 Brighton Road North Brighton SA 5048

  • Shop & Retail
  • 1,979 m²
  • Sold

Land Rich Retail Investment

JLL is pleased to present for sale by public auction 296 Brighton Road, North Brighton.

Situated on a high profile land rich site, North Brighton is one of Adelaides prestige beachside suburbs. The property comprises a group of retail shops over two separate buildings with ample onsite car parking. Currently configured as seven retail tenancies each with rear loading and shop fronts to busy Brighton Road, providing excellent exposure.

The investment provides a diverse mix of long-standing tenants including retail, food and beverage and homewares. Recent redevelopments of the major shopping centres in the area plus several smaller new developments along Brighton Road reinforces the precinct as a desirable retail strip. 

This is a great opportunity to secure a freehold retail investment and we outline the key property highlights below:
Fully leased retail shops 
High profile main road site of 1,979 sqm*
Estimated net income $155,900 per annum* (plus GST)
Over 37,300* vehicles passing daily  
Zoned Local Centre City of Holdfast Bay

This offering presents an extremely rare opportunity to acquire a fully leased retail investment. We strongly recommend for your consideration, offered for sale by public Auction held onsite Thursday 28 November 2019 at 11am.

*Approximate

JLL RLA 1842

AUCTION

Auction date and time28/11/2019 11:00
Auction location296 Brighton Road, North Brighton SA

Property Highlights

Date Sold14 Feb 2020
Floor Area1,979 m²
Land Area1,979 m²
ParkingAsk Agent
Property ID2015820274
Category
Last updated  28 Nov 2019
Map for 296 Brighton Road North Brighton SA 5048

Property Highlights

Date Sold14 Feb 2020
Floor Area1,979 m²
Land Area1,979 m²
ParkingAsk Agent
Property ID2015820274
Category
Last updated  28 Nov 2019

Listed by

JLL - Adelaide
Call
08 82338888

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