2-8 & 18-28 Gray Street and 37-37a Humphries Terrace,
Kilkenny, SA 5009
Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail
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Outstanding Investment In Prime Location - Unlimited Upside
* Total of 51 investment units of varying configurations
* GLA 15,167 sqm*: (Subject to Survey)
- 2-8 Gray Street, Kilkenny - 29 units
- 18 - 28 Gray Street, Kilkenny - 16 units
- 37-37a Humphries Terrace, Kilkenny 6 units
* Massive site of 31,100 sqm* - 3 Titles, two street frontages in prime inner west location. Adjacent Centro Arndale Retail Development.
* Available separately or as a whole.
* Estimated net passing income of $553,264 per annum.
* Potential estimated net income, fully leased of $752,639 per annum
* Substantial scope for increased income through active re-letting of existing vacancies and market reviews.
* Further growth potential through ongoing refurbishment and redevelopment.
* Long standing investment held for over 50 years with ongoing management and refurbishment program in place.
* Potential to add value through further division (STCC).
* Exceptional occupier history - average occupancy over 10 years.
* An attractive offering underpinned by strong property fundamentals.
* approx
* GLA 15,167 sqm*: (Subject to Survey)
- 2-8 Gray Street, Kilkenny - 29 units
- 18 - 28 Gray Street, Kilkenny - 16 units
- 37-37a Humphries Terrace, Kilkenny 6 units
* Massive site of 31,100 sqm* - 3 Titles, two street frontages in prime inner west location. Adjacent Centro Arndale Retail Development.
* Available separately or as a whole.
* Estimated net passing income of $553,264 per annum.
* Potential estimated net income, fully leased of $752,639 per annum
* Substantial scope for increased income through active re-letting of existing vacancies and market reviews.
* Further growth potential through ongoing refurbishment and redevelopment.
* Long standing investment held for over 50 years with ongoing management and refurbishment program in place.
* Potential to add value through further division (STCC).
* Exceptional occupier history - average occupancy over 10 years.
* An attractive offering underpinned by strong property fundamentals.
* approx
Property ID: 5656418Last Updated: 24 Feb 2014
04188108...
2-8 & 18-28 Gray Street and 37-37a Humphries Terrace
Kilkenny, SA 5009
CBRE - South Australia (RLA 208125)Level 5, 151 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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