Location:

614 , South road, GLANDORE, SA

Price:

Price on Application

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INVESTMENT OPPORTUNITY WITH IMPECCABLE FITOUT 

Type: FOR SALE

Property Features
  • Category : Hotel/Leisure
  • Building Area: 835
  • Tenancy: Tenanted

Property Description
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

* approx

RLA 231015 + 217949
Property Agent

Advert Id:7262

Name:Lyndon Cocks

Phone: 0438 8****

LJ Hooker Commercial Adelaide logo
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