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271-273 Unley Road, Malvern, SA, 5061

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271-273 Unley Road, Malvern, SA, 5061

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

Read More
Dataroom
Tenanted Investment
Tenanted Investment

1. Property Summary

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
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
11 Dec 2024 04:00PM
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

Read More
Dataroom
Tenanted Investment

4. Property Location

271-273 Unley Road, Malvern, SA, 5061

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