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98-100 Gouger Street Adelaide SA 5000

  • Other
  • 361 m²
  • For Sale, Contact Agent

OWN YOUR SHARE OF ADELAIDES EVER-BUSY CHINATOWN

  • Large 361sqm chunk of Chinatown
  • Strong investment opportunity
  • Opportunity suited to all

CBRE are excited to present to the market this significant Gouger Street offering. Boasting an impressive 13m* frontage and 361sqm* land holding, buyers will be crazy to miss the opportunity to secure their share of Chinatown.

The offering will suit literally everyone with investors able to back the iconic Chinatown as a prosperous investment precinct with endless demand for tenants to acquire space. Owner occupiers can use the remaining 1 year 9 months to prepare their businesses for the chance to move into the space. Then developers can look at the unencumbered 361sqm* regularly shaped allotment in the favorable Capital City 14 (Main Street) zoning with excitement at the future development potential.

Meters away is also the bustling Adelaide Central Markets which is soon to be subject to a $400 million redevelopment which will create further demand in the area as the tower fills up with office workers and residents that will take the local streets looking to spend. This project is expected to attract an additional 1 million people to the market district on top of the current 9 million annually.

The key investment highlights for your consideration:
- Just under 2 years remaining on the lease
- $239,661.69 passing net rent with CPI + 2% annual increases
- One of Adelaides most tightly held locations
- A part of the Chinatown hustle & bustle
- Meters away from the $400,000,000 Adelaide Central Market development
- Suits owner occupiers, investors and developers alike
- Single title available NOW

The property is available for sale via an expressions of interest campaign closing on the Thursday 10th of September at 4:00pm ACST

Please get in touch with the exclusive marketing agents:
Ned Looker
Mitch Curnow

Property Highlights

Property ID2016434224
Floor Area361 m²
Land Area373 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  13 Aug 2020
Map for 98-100 Gouger Street Adelaide SA 5000
Map for 98-100 Gouger Street Adelaide SA 500098-100 Gouger Street Adelaide SA 5000
CBRE South Australia RLA 208125
Level 5 151 Pirie Street Adelaide SA 5000

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