Tenanted Investment in Prominent Hyde Park Location
On offer is Lot 906/248 Unley Road, Hyde Park.
Hyde Park, one of Adelaide's prestigious suburbs, is approx. 3km south from the centre of the Adelaide CBD in the Unley Council area. Unley Road is a prominent Adelaide Road with high daily passing traffic and is known for its variety of commercial, retail and office uses.
248 Unley Road is conveniently located on the corner of Unley Rd and Opey Ave and is adjacent the Cremorne Hotel, Metro Shopping Centre and various other long standing establishments including Walford School
At the base of a brand new building completed in mid 2022 this property sits at the base of 65 residential apartments.
Currently leased to Feather Brow and Skin Clinic on a 8 year lease expiring in 2030.
The Lessee is currently paying $111,066.66 + GST per annum, plus outgoings.
Property Details:
• Tenanted investment with new 8 year lease (with options) to Feather Brow and Skin Clinic
- 229sqm (approx) tenancy
- 59sqm (approx) dedicated storage & toilet
- Dedicated toilet subsidiary
• Prominent location on Unley Road
• Less than 2 kilometres from the Adelaide CBD
• Dual street frontages to Unley Road and Opey Avenue
• Rare opportunities in a highly sought after Unley Road precinct
• Brand new building
• 2 off-street underground car parks
For information or to inspect please call James Humphreys on 0433 227 214 or Ford Nicholas on 0400 658 628.
