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100 Melbourne St North Adelaide, SA 5006

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100 Melbourne St,
North Adelaide, SA 5006

Shops & Retail

Key property information

Land area

Floor area

Car spaces

Tenure type

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Map of 100 Melbourne St

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Prime Investment Opportunity

Located in the vibrant heart of North Adelaide, 100 Melbourne Street offers an exceptional investment opportunity. Spanning approximately 145 sqm of land with a 70 sqm building area, this property combines strategic location with practicality, making it ideal for astute investors.

Key Features:

The property is tenanted by Butter & Toast Pty Ltd, a well-loved café renowned on Melbourne Street. With a stable lease in place until 2027, it ensures a secure rental income.
The current rent stands at $36,070.60 per annum (plus GST plus Outgoings), offering a reliable return on investment.
Torrens title.
Self-contained kitchen equipped with a large canopy and cool room.
Separate toilet facility at the rear.
Additional storage room for convenience.
Parking & Accessibility:
Back access from the side street.
Rear space accommodates up to two cars.
A grease trap is installed, and the property layout supports efficient restaurant operations.
Proximity to Adelaide CBD enhances its appeal and foot traffic.
Zoned under City Main Street (CMS) and City High Street (CiHS) subzones, providing long-term growth potential.

For more details or to arrange an inspection, please reach out to Simon Hou on 04238078....

North Adelaide, 5006 demographic data

The median household income for North Adelaide is $1,867, 21% higher than Greater Adelaide's household income of $1,548. North Adelaide has a similar age profile compared to the rest of Greater Adelaide (median age 39). Property ownership data shows 33% of property owners in North Adelaide have a mortgage.

6,823
Population
$1,867 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
04238078...
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100 Melbourne St
North Adelaide, SA 5006
Harcourts - Adelaide City
Level 1/ 137 Gouger Street
ADELAIDE, SA 5000