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271-273 Unley Road, Malvern, SA, 5061

Properties / Buy / South Australia / Malvern

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

Closing Wednesday 11 December 2024 at 4pm.

Land Area

752 m² (*approx)

Floor Area

368 m² (*approx)

Property Type

Retail, Land, Offices

Est. Income

$126,918 p/a

Fully Leased

Art & Frame

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2. Property Highlights

Investment with Exceptional Development Potential

- Retail shop and character office totalling 368 sqm* of building area

- Highly visible corner site of 752 sqm*

- On-site car parking at the rear

- Zoned Urban Corridor (Main Street)

- Maximum building height - 5 levels or 18.5m (STCC)

- Leased to long-standing tenant (Art & Frame) since 1992

- Lease expiring in August 2025 plus a 3-year renewal option

- Total current gross rental of $126,918 p.a.* plus GST

- Located in Adelaide's most iconic and bustling thoroughfares, known for its vibrant mix of retail, dining, and lifestyle options

For Sale by Expressions of Interest closing Wednesday 11 December 2024 at 4pm.

For further details or to arrange an inspection of 271-273 Unley Road, Malvern contact Yee Ng or Simon Lambert of McGees Property (RLA 1722).

(* approx.)

Remember to mention you found this property on CommercialReady

Property Type

Retail, Land, Offices

Est. Income

$126,918 p/a

Tenant

Art & Frame

Land Area

752 m² (*approx)

Floor Area

368 m² (*approx)

Selling Method

EOI

EOI Closing Date

11 Dec 2024 04:00PM

Add to calendar

Selling Details

Closing Wednesday 11 December 2024 at 4pm.

2. Property Highlights

Investment with Exceptional Development Potential

- Retail shop and character office totalling 368 sqm* of building area

- Highly visible corner site of 752 sqm*

- On-site car parking at the rear

- Zoned Urban Corridor (Main Street)

- Maximum building height - 5 levels or 18.5m (STCC)

- Leased to long-standing tenant (Art & Frame) since 1992

- Lease expiring in August 2025 plus a 3-year renewal option

- Total current gross rental of $126,918 p.a.* plus GST

- Located in Adelaide's most iconic and bustling thoroughfares, known for its vibrant mix of retail, dining, and lifestyle options

For Sale by Expressions of Interest closing Wednesday 11 December 2024 at 4pm.

For further details or to arrange an inspection of 271-273 Unley Road, Malvern contact Yee Ng or Simon Lambert of McGees Property (RLA 1722).

(* approx.)

Remember to mention you found this property on CommercialReady

271-273 Unley Road, Malvern, SA, 5061 Malvern

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McGees Property Adelaide

Level 10/60 Waymouth Street, Adelaide, SA 5000

Simon Lambert

+61 *** *** *** show +61 408 846 999

Yee Ng

+61 *** *** *** show +61 402 715 883

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

271-273 Unley Road, Malvern, SA, 5061