50-52 Melbourne Street, North Adelaide SA 5006

For Sale Contact Agent

Medical/Consulting

Description

Prime Investment Opportunity! Unlock the full potential of this Commercial Property in the heart of North Adelaide!

Medical/Consulting - North Adelaide SA

Adelaide Property Brokers is excited to present this prime commercial building in the heart of North Adelaide.

This landmark commercial building comprises of 2 storeys currently occupied as Medical / Consulting room. The building can facilitate up to 5 tenancies and it is already strata titled this allows for further income opportunities. Retain the entire building and have 5 tenants or sell off portion of the building. Your options are endless.

An opportunity no investor or owner occupier should miss.

The exposure this property promotes with its prime location and street presence offers an excellent opportunity for an Investor to set and forget. Use the full extent of the 5-tenant option or look at further expansion with development options and perhaps additional storey's, extend or renovate the current layout and design of the property.

This strategic building layout setup was calculated and developed to drive multiple income sources and to deliver so much more for its owner! Take advantage of this opportunity, enhance your investment portfolio with this commercial property and the diversity it can bring.

Currently Leases

Tenancy 1 – Medical / Consulting Rooms

Further Tenancy information will be sort through the FORM 1.

Get in touch with Raquel Pacicca on 0418 836 689 today, we will see your dream for this site and make it a reality. Invest in your future!

Property information:
– Total Site Area: 515m2
– Total Lettable Area: 375m2
– Tenancy 1: 55.9m2
– Tenancy 2: 59.8m2
– Tenancy 3: 62.2m2
– Tenancy 4: 77.4m2
– Tenancy 5: 71.4m2

Current Rental Return – $180,000 per annum plus GST (Tenancy 1)

Total Outgoings – $31,569.83 ** approximate **

– Year Built 1990

** All dimensions are approximate **

** Floor Plan included in advert **

RLA275183