614 South road, GLANDORE SA 5037
Price on Application
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- Hotel / Leisure
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- 0 x Onsite parking
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- 9 Sep 2016
INVESTMENT OPPORTUNITY WITH IMPECCABLE FITOUT ï¿½ï¿½
"AWP House" is a former Baptist Church that has undergone a complete internal transformation that has to be seen to be believed.
It is currently under a five year lease to a student / short term accommodation and work placement business which prospers from its location on one of Adelaide's busiest arterial roads in the inner south-western suburb of Glandore.
Features of the property include
- Refurbished Improvements totalling 835sqm*.
- Current Net Rental $172,145 pa*
- Securely leased on a 5 + 5 + 5 year term (1st term expiring 30 June 2018)
- 18 Rooms of accommodation
- Commercial kitchen and laundry area
- Excellent full bathroom amenities
- Large common / leisure area
- Outdoor landscaped entertaining area
- Prominent position near Gallipoli Underpass (Cnr South Rd & Anzac Hwy)
- Exposure to approx. 50,000* vehicle per day
- 4 km from the Adelaide GPO*
- Easy access to public transport
Inspection of this property is a must!
Contact joint selling agents Lyndon Cocks LJ Hooker Commercial - 0438 849 650 or Victor Velgush Refined Real Estate - 0419 815 933
RLA 231015 + 217949
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
614 South road GLANDORE