Price Guide $2.25-$2.45M

29-29B Unley Road, Parkside, SA 5063


RECENTLY CONSTRUCTED VERSATILE IMPROVEMENTS ON VALUABLE CORNER ALLOTMENT OVER 2 TITLES, DEDICATED CAR PARK & GENUINE RENTAL/CAPITAL GROWTH PROSPECTS

The improvements were constructed late 2018, so as to provide 3 autonomous retail tenancies, with common areas including extensive toilet amenities and accessways.

Each tenancy has its own dedicated ceiling ducted reverse cycled air conditioning plant; separate power supply with solar panel connection, dedicated HWS, kitchenette facility, suspended ceilings etc., as presently disposed NLA of the tenancies is approx. 297 sqm.

The land is contained in 2 Certificates of Title, with allotment at rear set aside for on-site parking for at least 8 vehicles, with access from Clyde Street. The land has combined area of 749 sqm.

At this time, premises are leased to 2 established Tenants, with high quality fit-outs in place and the prominent corner shop of approx. 100 sqm is vacant. Those premises are eminently lettable and may also suit a purchaser wanting to occupy that section whilst deriving income from the balance of the land.

Lease details can be obtained - on request - from Selling Agents, together with summary of expenditure.

The property's exceptional location, standard of improvements, quality of Tenants, genuine scope for uplift in rent, all combine to make this a desirable City fringe long term investment with developmental upside in the years to come!!!

A Rare find.

For Sale by EOI, closing 24.10.23 @ 3.00pm (USP).

Inspection strictly by prior arrangement with the Sole Selling Agents.


Further information contact Sole Selling Agents, George Zogopoulos, 8410 6444 or 0412 824 278.

Property Info

Municipality
Parkside
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