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96 Gilles Street Adelaide, SA 5000

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96 Gilles Street,
Adelaide, SA 5000

Shops & Retail

Key property information

Land area

Floor area

Property extent

Zoning

Tenure type

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Map of 96 Gilles Street

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Perfect Investment with many possibilities

A magnificent leased offering with so much scope, it is well worth doing some numbers...

City Living ZONE (Policy 32) South Central Policy Area

A location where the south side of the CBD is getting some traction. Close to both King William St and Pulteney St. Right opposite Pulteney Grammer School and many residential properties, it has decent passing traffic. The area is in a growing community that has expanded with many new residents living in the townhouses and apartments that surround. Plenty of cafes and restaurants are a few hundred metres of walking. Other services include a post office and supermarkets within the block.

- Valuable rear lane access of Hallett Street
- 20 months into a 5 year lease - Currently at $32,500 with increases in place
- 148 sqm* of lettable space
- 148 sqm* of land holding
- Zoned City Living Zone-Policy 32 South Central Policy Area in the City of Adelaide
- Flexiable floor plan
- Plenty of opportunities to go create a stronger cash flow

Please call for an inspection time
Business as usual for the current tenant - Sibling Cafe

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
04215937...
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96 Gilles Street
Adelaide, SA 5000

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