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McGees Property - Adelaide (RLA 1722)

308-310 North Terrace & 2 East Terrace Adelaide, SA 5000

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308-310 North Terrace & 2 East Terrace,
Adelaide, SA 5000

Shops & Retail • Hotel, Motel & Leisure

Key property information

Floor area

Tenure type

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McGees Property - Adelaide (RLA 1722)
Simon Lambert

McGees Property - Adelaide (RLA 1722)

Level 10/60 Waymouth Street
ADELAIDE, SA 5000
04088469...
McGees Property - Adelaide (RLA 1722)
308-310 North Terrace & 2 East Terrace
Adelaide, SA 5000

Map of 308-310 North Terrace & 2 East Terrace

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Landmark Investment

- Two new 10-year leases from 1 September 2020
- Tenanted by highly acclaimed Golden Boy and Africola restaurants since 2014
- Estimated total net annual income $238,000*
- Fully rebuilt heritage building
- Outstanding location, opposite Lot 14 Project (former Royal Adelaide Hospital)
- Whole building is Strata Titled in single ownership
- Ground Floor and Basement offered for sale

To arrange an inspection of 308-310 North Terrace and 2 East Terrace, Adelaide Contact Simon Lambert of McGees Property (RLA 1722).

(* approx)

Adelaide, 5000 demographic data

The median household income for Adelaide is $1,365, 12% lower than Greater Adelaide's household income of $1,548. Adelaide has a younger age profile compared to the rest of Greater Adelaide (median age 31 vs 39). Property ownership data shows 43% of property owners in Adelaide have a mortgage.

18,202
Population
$1,365 per week
Median household income
31 years
Median age
Renters
Most residents
Singles
Most households
McGees Property - Adelaide (RLA 1722)
Level 10/60 Waymouth Street
ADELAIDE, SA 5000

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