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140-142 Unley Road, Unley, SA 5061
INVESTORS - THIS ONE TICKS ALL THE BOXES AND SO MUCH MORE
* Exceptional high traffic flow location on prominent corner
* Versatile (non-heritage listed) improvements of about 555 sqm, as now approved/utilised as allied medical use and associated gym
* Premises extensively upgraded, with new mechanical plant, electrical, wet areas and other works
* Total land area approx. 399 sqm, with valuable rear access
* Flexible Suburban Activity Centre Zone - City of Unley, with significant multi level/mixed use developments contemplated nearby
* Secure 5y + 5y + 5y + 5y lease from 01.04.2023, with redevelopment clause in place any time after 01.04.2037
* Current rental $127,980.00 PA plus GST
* Yearly reviews in all years to CPI, except market review applies on 01.04.2033.
* Genuine rental growth prospects - existing average rental rate is only $230.00 psmpa
* All outgoings payable by Tenant - except State Land Tax
* Future developmental options.
To be sold by Auction on-site, Wednesday 2nd July 2025 @ 11.00am.
For further details, inspection, Information Memorandum, contact exclusive selling agents, George Zogopoulos, 8410 6444 or 0412 824 278.
* Versatile (non-heritage listed) improvements of about 555 sqm, as now approved/utilised as allied medical use and associated gym
* Premises extensively upgraded, with new mechanical plant, electrical, wet areas and other works
* Total land area approx. 399 sqm, with valuable rear access
* Flexible Suburban Activity Centre Zone - City of Unley, with significant multi level/mixed use developments contemplated nearby
* Secure 5y + 5y + 5y + 5y lease from 01.04.2023, with redevelopment clause in place any time after 01.04.2037
* Current rental $127,980.00 PA plus GST
* Yearly reviews in all years to CPI, except market review applies on 01.04.2033.
* Genuine rental growth prospects - existing average rental rate is only $230.00 psmpa
* All outgoings payable by Tenant - except State Land Tax
* Future developmental options.
To be sold by Auction on-site, Wednesday 2nd July 2025 @ 11.00am.
For further details, inspection, Information Memorandum, contact exclusive selling agents, George Zogopoulos, 8410 6444 or 0412 824 278.
Property Info
Municipality
Unley
AUCTION
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Negotiators Real Estate Adelaide
Level 2, 195 Victoria Square
Adelaide, SA 5000
Tel: (08) 8410 6444
Email Us
George Zogopoulos
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