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Belle Property Commercial - Adelaide
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157-159 Gouger Street Adelaide, SA 5000

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For Sale

157-159 Gouger Street Adelaide, SA 5000

Shop & Retail • Other
Sale Price

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Land area

300.0m²

Floor area

700.0m²

Car spaces

1

A Golden Opportunity

Belle Property Commercial Adelaide are pleased to present 157-159 Gouger Street for sale by private treaty. Currently operating as Ming’s Palace, 157-159 Gouger Street is a double storey building housing an iconic Chinese restaurant with an almost 30 year history.

The subject property is a highly appealing opportunity to both investors and owner occupier businesses as it is in a booming location. The property is sure to provide strong capital appreciation and rental growth over the years.

Key property highlights include:
- 384.3 sqm* site area
- 311.27 sqm* ground floor and 373.85 sqm first floor (residence)
- Strong projected annual income
- Ample street parking & rear lane access
- Good capital growth

GROUND FLOOR
Home to Ming’s Palace, an iconic restaurant with a 30 year history and speciality dishes that are reputably the best in Australia.

UPPER RESIDENCE
The spacious upper residence comprises 6 bedrooms and 3 bathrooms, along with kitchen, dining and living areas. It is currently owner occupied.

With the property being in an ideal CBD location for students, close to universities, restaurants and public transport, this is an excellent rental potential or a luxurious home.

Contact Alan Lim on 0404 923 695 for more information on this exceptional property.

*approx

Property ID: 503237398Last Updated: 12 Aug 2019

0404 *** ***
Belle Property Commercial - Adelaide
157-159 Gouger Street
Adelaide, SA 5000
Alan Lim

Belle Property Commercial - Adelaide

177 Grote Street
ADELAIDE, SA 5000

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Belle Property Commercial - Adelaide

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Belle Property Commercial - Adelaide

177 Grote Street
ADELAIDE, SA 5000
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Alan Lim

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Alan Lim
Belle Property Commercial - Adelaide
157-159 Gouger 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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