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Ray White - Norwood- RLA 278530

98 Frome Street Adelaide, SA 5000


98 Frome Street,
Adelaide, SA 5000

Shops & Retail • Offices

Price information

Sale - Auction


Key property information

Floor area

Car spaces

Parking info

Tenure type

Private inspections

to arrange a private inspection.
Ray White - Norwood- RLA 278530
Matt Lazarus

Ray White - Norwood- RLA 278530

249 Greenhill Road
Ray White - Norwood- RLA 278530
98 Frome Street
Adelaide, SA 5000

Map of 98 Frome Street

  • Train stations within 5 km of 98 Frome Street, Adelaide, SA 5000Distance
    Botanic Gardens408 m
    Tram Stop818 m
    Victoria Square Station891 m
    Adelaide Railway Station1.1 km
    Royal Adelaide Hospital1.9 km
  • Tram stops within 5 km of 98 Frome Street, Adelaide, SA 5000Distance
    Tram Rundle Mall827 m
    Tram Pirie St831 m
    Tram Adelaide Railway Station997 m
    Tram Victoria Square1 km
    Adelaide Metro Free City Connector Bus and Tram1.1 km
  • Bus stops within 5 km of 98 Frome Street, Adelaide, SA 5000Distance
    H2 Grenfell St - North Side111 m
    I1 Grenfell St - North Side123 m
    R1 Grenfell St - South Side136 m
    H1 Grenfell St - North Side148 m
    S1 Grenfell St - South Side153 m



On behalf of our valued client, Matt Lazarus & Tony Ricketts as exclusive listing agents are thrilled to present to the market also for sale Lot 5, 98 Frome Street Adelaide, by way of public auction on Thursday the 26th October at 11:30am (USP).

Comprising an area of approximately 178 square meters, the property is leased to Metro Homes as their selection centre. Fitted out to the highest standard, this A grade showroom has become an integral part of the Lessee's thriving business.

The property has two (2) dedicated basement car parks on the community strata title (which are not included in the Metro Homes lease) also offering additional revenue opportunity.

Tenant Profile
Metro Homes
Lease commencement: 1 November 2020
lease term: Five (5) years
Expiry date: 30 November 2025
Renewal option: Five (5) years
Further option: Five (5) years
Gross rental: $73,244.00 + GST per annum

The property will be sold by way of public auction at 11:30am on the 26th October 2023 (to commence immediately after the auction of 96 Frome Street).

For a copy of the information memorandum or to arrange an inspection please contact Matt Lazarus on 04307451... or Tony Ricketts on 04188279...

1. None of the Sophon Realty Pty Ltd & Sophon Group Pty Ltd Trading As Ray White Norwood, or Trebmal Pty Ltd Trading As RWC Adelaide Asset Management nor any of their respective officers, employees or consultants ("we, us") make any representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative
only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.
3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.
4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial and taxation advice. This includes as to whether any price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. "Sold/ leased" designations show only that stock is "currently not available" - not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer

Additional information

Property ID: 504431608Last Updated: 8 Nov 2023

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