Value-add office tower - Core Adelaide CBD location
Significant Value-add Opportunity
Substantial 8 Level Office Building
Core CBD Location
Lettable area of 7,095 sqm*
Excellent re-positioning opportunity.
Various upgrades including AC, bathrooms and solar.
Clever meeting of heritage and contemporary style accommodation.
Currently 28%* occupied by Allianz Insurance at $835,866 pa gross*
Estimated fully leased net income of $2,252,225 p.a*
Core CBD location with car parking adjacent.
Large 1,405sqm (approx.) site with future
development upside (STCC).
4-Star NABERS Energy Rating.