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Colliers - ADELAIDE

227 North Terrace Adelaide, SA 5000

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227 North Terrace,
Adelaide, SA 5000

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Colliers - ADELAIDE
Rhys Newman
Jordan Schmidt
Alistair Mackie

Colliers - ADELAIDE

Level 9, 121 King William Street
ADELAIDE, SA 5000
Colliers - ADELAIDE
227 North Terrace
Adelaide, SA 5000

Map of 227 North Terrace

Directions
  • Train stations within 5 km of 227 North Terrace, Adelaide, SA 5000Distance
    Tram Stop144 m
    Adelaide Railway Station663 m
    Mile End Station2.3 km
    North Adelaide Station2.6 km
    Adelaide Parklands Terminal2.7 km
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  • Tram stops within 5 km of 227 North Terrace, Adelaide, SA 5000Distance
    Tram Rundle Mall459 m
    Tram Adelaide Railway Station610 m
    Tram Pirie St637 m
    Tram Victoria Square991 m
    Tram City West1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 227 North Terrace, Adelaide, SA 5000Distance
    T1 North Tce - South Side17 m
    G1 North Tce - North Side45 m
    B1 Pulteney St - East Side112 m
    Y2 Pulteney St - West Side124 m
    Y1 Pulteney St - West Side130 m
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POWERED BY HERE ©

Residential portfolio providing commercial investment yield

  • Average annual income of $175,000* net
  • 9 fully refurbished apartments
  • Incredible views across North Terrace
Colliers International is pleased to present the opportunity to purchase 9 fully leased residential apartments within 227 North Terrace, Adelaide.

227 North Terrace represents an outstanding residential investment opportunity offering commercial level returns. The recently refurbished high quality apartments, in a highly sought after CBD location, offer secure long term income with a significant level of cashflow.

Positioned directly adjacent the Adelaide University and University of South Australia campuses, the location is underpinned by its convenient proximity to the Universities, State Library, State Museum, State Art Gallery and Rundle Mall.

Further key attributes include:

• 9 fully refurbished and furnished apartments with combined floor area of 586sqm*
• 6 year formal agreement with UniLodge expiring 2026
• Average annual income of $175,000* net, underwritten by vendor for 12 months
• Incredible views across North Terrace Cultural Boulevard, North Adelaide and Adelaide Oval
• Flexibility to set and forget, owner occupy, self-manage or sell down
• Enviable location directly opposite Universities, Rundle Mall, State Library, Art Gallery and Museum

For sale by Expressions of Interest.

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:

Rhys Newman - 0477 881 2...
Alistair Mackie - 0412 817 9...
Jordan Schmidt - 0403 422 7...

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If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 503959882Last Updated: 18 Jan 2022

Colliers - ADELAIDE
Level 9, 121 King William Street
ADELAIDE, SA 5000
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