Lots 1, 4 & 5 Corner Grenfell & Frome Streets,
Adelaide, SA 5000
Price Upon Application
Key property information
A Great Investment with Upside
Lot 1, 187 Grenfell Street (Cnr Frome St)
213m2 leased to oOh Media until 13 October 2023 at $80,000 pa gross + GST (5 basement car parks included).
184m2 on the corner of Frome Street offering absolute prime exposure, on a major bus route.
Lot 4, 96 Frome St
105m2 leased to Bodycentrics Physiotherapy until 30 November 2022 at $34,245 pa gross + GST (2 basement car parks included)
Lot 5,90 Frome Street
176m2 leased to Metro Homes SA until 31 October 2025 at $70,400 pa gross + GST
Currently 73 % leased, this property offers significant value-add potential by securing an occupant for the (last) prime corner commercial/retail tenancy.
A super CBD location close to Adelaide Uni, Rundle Mall, Lot 14 Innovation Hub, numerous public car parks, East End restaurants/hotels and much more.
A terrific opportunity for investors and/or superannuants.
Call Tony Ricketts on 0418 827 9...
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Property ID: 503604022Last Updated: 17 Jan 2022