It is without doubt that 15 Moseley Square, Glenelg provides one of the best ‘High Street’ beachside retail investment opportunities to hit the market both locally and nationally in 2016. Its prime position within Moseley Square at the apex of Jetty Road, can only be seen on a national scale as absolute premium.
The opportunity to acquire a property in this tightly held precinct, in one of Australia's premium retail strips, is extremely rare and deserves your utmost attention. The merits of this premium investment can be characterised as follows;

Anchored by Cibo World Pty Ltd (trading as Cibo Espresso) on a 10 year term commencing Dec 2014 and Annstep Pty Ltd (trading as Lone Star Rib House) on a 10 year term commencing September 2015.

Current fully leased net income of $275,430 per annum plus GST

Exceptional WALE of +7.5 years

Historic and striking character building of 578sqm approximately

Dominating high profile site of a total site area of 931sqm approximately

15 Moseley Square is one of the most iconic properties in Glenelg, being only the second time the property has been offered to the market in 100 years, it can only be seen as the rarest of opportunities.

For sale by 'Deadline Offer' closing on the 24th March at 4pm CST at the offices of Colliers International