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CBRE - South Australia (RLA 208125)
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52-70 Frome Street Adelaide, SA 5000

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For Sale

52-70 Frome Street Adelaide, SA 5000

Other • Development Sites & Land • Shop & Retail
Sale Price

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Land area

2752.0m²

Floor area

312.0m²

Parking info

575 Carpark Bays.

Property extent

Whole

Tenure type

Tenanted Investment

FULLY LEASED CBD CARPARK WITH VALUE ADD

  • DA Approved Value Add Potential
  • Heart of East End
  • Fully Leased Investment
- Development Plan Consent has been granted for an additional two floors of office accommodation.
- 3.94 Year WALE by gross income (as at 1 Aug 2019).
- Net passing income (fully leased) $2.244M pa approx.
- Approximately 94% of the gross rental is underpinned by a lease to Wilson Parking Australia (expiring 30 June 2023).

A 100% freehold interest in 52-70 Frome Street, Adelaide is offered for sale by Private Treaty.

Property ID: 503249034Last Updated: 17 Jul 2019

CBRE - South Australia (RLA 208125)
52-70 Frome Street
Adelaide, SA 5000
Alistair Laycock
Ian Thomas

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000

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CBRE - South Australia (RLA 208125)

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CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
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Alistair Laycock

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Alistair Laycock
CBRE - South Australia (RLA 208125)
52-70 Frome Street Adelaide, SA 5000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Alistair Laycock

    Alistair Laycock

    CBRE - South Australia (RLA 208125)
    0412 *** ***
  • Ian Thomas

    Ian Thomas

    CBRE - South Australia (RLA 208125)
    +61 *** ***