6/136 North Terrace Adelaide, SA 5000
Entertaining Investment in the superb location
• Title area 880 sq.m approx.
• Fully leased
• Term five (5) years plus five (5) years from 13th November 2015
• Annual net rental $162,000 approx.
This exceptional CBD investment property is located in the heart of all the action in Adelaide. Currently an entertainment venue, the opportunity will appeal to astute investors looking to capitalise on the forecasted growth of Adelaide City.
The property is in a superb location on the walking trail to Adelaide Oval which accommodates up to 50,000 people at major football or sporting events. The property also connects to all things cool in Adelaide, numerous pop up bars, connecting safely (without crossing roads) to the Adelaide Railway Station, the redeveloped Adelaide Convention Centre and recently refurbished Adelaide Festival Centre and adjacent to the Skycity Casino multi-million dollar carpark and commercial redevelopment along with the pedestrian link to Station Arcade, Leigh Street, right through to Waymouth Street and Victoria Square. It is on the Adelaide pedestrian link (ant track) through to the central markets.
The self contained strata title is currently known as The Fat Controller Club and features an existing bar, commercial kitchen, servery, cold storage, lounge/dining areas, and male/female amenities. The premise has a current license for up to 560 people.
Property ID: 502690186Last Updated: 14 Dec 2018