296 Brighton Road
North Brighton, SA 5048
Map of 296 Brighton Road
Land Rich Retail Investment
Situated on a high profile land rich site, North Brighton is one of Adelaide’s prestige beachside suburbs. The property comprises a group of retail shops over two separate buildings with ample onsite car parking. Currently configured as seven retail tenancies each with rear ‘loading’ and shop fronts to busy Brighton Road, providing excellent exposure.
The investment provides a diverse mix of long-standing tenants including retail, food and beverage and homewares. Recent redevelopments of the major shopping centres in the area plus several smaller new developments along Brighton Road reinforces the precinct as a desirable retail strip.
This is a great opportunity to secure a freehold retail investment and we outline the key property highlights below:
• Fully leased retail shops
• High profile main road site of 1,979 sqm*
• Estimated net income $155,900 per annum* (plus GST)
• Over 37,300* vehicles passing daily
• Zoned Local Centre – City of Holdfast Bay
This offering presents an extremely rare opportunity to acquire a fully leased retail investment. We strongly recommend for your consideration, offered for sale by public Auction held onsite Thursday 28 November 2019 at 11am.
JLL RLA 1842
Property ID: 503378462Last Updated: 10 Dec 2019