Skip to main content
The Palms Apartments/62 King William Street
Kent Town SA 5067
SearchBack to results
Sold on 16 Dec 2022

The Palms Apartments/62 King William Street Kent Town SA 5067

  • Hotel, Motel, Pub & Leisure
  • 1,243 m²
  • Sold

UNIQUE FREEHOLD INVESTMENT OPPORTUNITY

  • Large site area of 1,243m2*
  • 42 x spacious 1&2 bedroom apartments
  • Minimal cap-ex along

CBRE Hotels are pleased to offer to the market via Expressions of Interest the freehold investment of The Palms Serviced Apartments, Kent Town, S.A.
The Palms is an attractive development that was completed in 2017 and offers 42 apartments over a forum level building. It has a ground floor reception and secure car parking for 21 cars at ground level with a roller door to the rear lane for access.
The property also has a ground-floor café (under a separate lease and currently utilised as an office by the tenant). There is a separate outdoor deacon with an al fresco dining area for a cafe or in-house guests.

- 42 x spacious 1&2 bedroom apartments with kitchens and laundry facilities
- Large site area with access from the front and rear 1,243m2*
- Updated improvements offers the owner minimal cap-ex along with depreciation benefits
- Prime Location one of Adelaide's most desirable CBD fringe locations
- Experienced Serviced Apartment Operator with long term lease

Property Highlights

Date Sold16 Dec 2022
Floor Area1,243 m²
Land Area1,242 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017895328
Category
Last updated  20 Dec 2022
Map for The Palms Apartments/62 King William Street Kent Town SA 5067

Property Highlights

Date Sold16 Dec 2022
Floor Area1,243 m²
Land Area1,242 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017895328
Category
Last updated  20 Dec 2022
Level 21 363 George Street Sydney NSW 2000

More Hotel, Motel, Pub & Leisure for Sale in Kent Town SA

Sold
the palms apartments/62 king william street,kent town, SA 5067
1,243 m²
Hotel, Motel, Pub & Leisure
Sold
10-14 selby street,adelaide, SA 5000
371 m²
Hotel, Motel, Pub & Leisure
Sold
280 south terrace,adelaide, SA 5000
462 m²
Hotel, Motel, Pub & Leisure