INVESTMENT OPPORTUNITY WITH IMPECCABLE FITOUT
Type: FOR SALE
- Category :
- Building Area: 835
- Tenancy: Tenanted
and quot;AWP House and quot; is a former Baptist Church that has undergone a complete internal transformation that has to be seen to be believed.
It is currently under a five year lease to a student / short term accommodation and work placement business which prospers from its location on one of Adelaide and apos;s busiest arterial roads in the inner south-western suburb of Glandore.
Features of the property include
- Refurbished Improvements totalling 835sqm*.
- Current Net Rental $172,145 pa*
- Securely leased on a 5 + 5 + 5 year term (1st term expiring 30 June 2018)
- 18 Rooms of accommodation
- Commercial kitchen and laundry area
- Excellent full bathroom amenities
- Large common / leisure area
- Outdoor landscaped entertaining area
- Prominent position near Gallipoli Underpass (Cnr South Rd and amp; Anzac Hwy)
- Exposure to approx. 50,000* vehicle per day
- 4 km from the Adelaide GPO*
- Easy access to public transport
Inspection of this property is a must!
Contact joint selling agents Lyndon Cocks LJ Hooker Commercial - 0438 849 650 or Victor Velgush Refined Real Estate - 0419 815 933
RLA 231015 + 217949