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55 The Parade West, Kent Town, SA 5067


LANDMARK PROPERTY WITH MULTIPLE STREET FRONTAGES IN PRIME INNER EASTERN SUBURBS/CITY FRINGE LOCATION - OFFERED WITH VACANT POSSESSION

Improvements comprise freestanding bluestone building with extensive verandah, which over the years has been adapted/upgraded to provide versatile accommodation, presently utilised as Retail Shop/Showroom, with treatment rooms, associated offices, staff amenities, inclusive of kitchen and male/female toilets.

The premises are fully air conditioned, with recent solar panel installation and by virtue of its positioning, provides exceptional business signage opportunities.

The land which has an area of approx. 458 sqm, situated in the City of Norwood, Payneham & St Peters, is located in Established Neighbourhood (EN) Zone, the improvements are not listed by Council as a place of Local Heritage.

Developmental planning consent was granted in 1986 to convert the premises to a retail shop/studio with building modifications undertaken at that time.

Interested parties are to make their own enquiries with Council, as to their intended use for the premises and any modifications that may be contemplated.

The property is offered with Vacant Possession at Settlement, will suit intending owner/occupier, investors, land bankers, with various value add/future developmental options as well (STNC).

The property is offered for genuine Sale by Public Auction, on premises - Wednesday 18th December 2024 @ 11.30am - USP.

NIL Stamp Duty will be payable by the Purchaser, GST will apply as the property is bought and sold with Vacant Possession at Settlement, set for 60 or 90 days after Auction - TBC.

Inspection is strictly by prior arrangement.


To register your interest in this exciting and rare Eastern Suburbs opportunity, contact the Exclusive Selling Agents. Contact, George Zogopoulos, 8410 6444 or 0412 824 278, or email: [email protected]

Property Info

Municipality
Kent Town

AUCTION

Wednesday, 18 Dec 2024
11:30 am
ENQUIRE ABOUT THIS COMMERCIAL PROPERTY