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494-496 Brighton Road Brighton SA 5048

  • Retail
  • 275 m²
  • Commercial Auction

STRIP RETAIL LEASED INVESTMENT WITH ENORMOUS UPSIDE

  • 275 sqm* NLA
  • Corner allotment 629 sqm* landholding
  • District Centre Zoning

494-496 Brighton Road, Brighton is positioned on the high profile stretch of Brighton Road and benefits from the surrounding infrastructure. With more than 35,000 passing daily vehicles, its no wonder this high exposure site has attracted long standing tenants including Hungry Jacks, Australia Post and the recently refurbished Foodland just to name a few.
Multimillion-dollar upgrades are planned for Brighton Primary School and Jetty Road Glenelg, while Brighton Oval has recently been given the greenlight on its $13.7 million dollar redevelopment. The mixture of high-profile tenants and planned upgrades to the area demonstrates the long-term future of the area is strong.
The property offers the following features;
- 275 sqm NLA currently split into three tenancies
- Corner allotment 629 sqm* landholding
- Imputed net rent of $70,600 pa*
- Huge upside with the potential to redevelop
- Zoned District Centre (Policy 16) in the Holdfast Bay Council

FOR SALE VIA PUBLIC AUCTION ONSITE THURSDAY 5TH DECEMBER AT 11AM (ACST)

Auction date and time05/12/2019 11:00
Auction location494-496 Brighton Road, Brighton

Property Highlights

Property ID2015863661
Floor Area275 m²
Land Area629 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  11 Nov 2019
Map for 494-496 Brighton Road Brighton SA 5048
CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

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