69-71 Melbourne Street,
North Adelaide, SA 5006
Shops & Retail
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Colliers - ADELAIDE
Level 9, 121 King William StreetADELAIDE, SA 5000
(08) 8305 88...
69-71 Melbourne Street
North Adelaide, SA 5006
Map of 69-71 Melbourne Street
Own, Occupy or Develop on Melbourne Street
- High profile Melbourne Street address
- 'High Street' frontage of 18m*
- Quality improvements of 612sqm*
Colliers International is privileged to offer for sale 69-71 Melbourne Street, North Adelaide, a contemporary styled building located in the heart of the bustling North Adelaide precinct. The single level building with a short lease tail to long standing tenant, Club Rhythm, provides proven holding income, whilst astute buyers work towards re-positioning the asset and extracting full value.
Colliers International highlight the following key investment features:
• Prominently located along one of Adelaide’s premier high streets, offering an expansive street frontage of 18m*
• Significant allotment covering 663sqm* spread over 2 Certificate of Titles
• Refurbished improvements of 612sqm* perfectly positioned to suit retail, office, medical/consulting services
• Rear access via Colley Street allowing valuable on-site car parking
• Zoned – Main Street (Melbourne East) within the City of Adelaide, promoting development of medium to high density residential of up to 6 storeys (STCC)
• Short term lease to long standing tenant, Club Rhythm, providing secure holding income of $75,600 gross per annum until December 2018
Quality retail improvements, short term holding income, high profile location and genuine future development upside. 69-71 Melbourne Street is destined to appeal to owner occupiers, investors and developers alike.
An information memorandum is available upon request.
*approx.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agent:
Tom Isaksson +61 422 154 570
Colliers International highlight the following key investment features:
• Prominently located along one of Adelaide’s premier high streets, offering an expansive street frontage of 18m*
• Significant allotment covering 663sqm* spread over 2 Certificate of Titles
• Refurbished improvements of 612sqm* perfectly positioned to suit retail, office, medical/consulting services
• Rear access via Colley Street allowing valuable on-site car parking
• Zoned – Main Street (Melbourne East) within the City of Adelaide, promoting development of medium to high density residential of up to 6 storeys (STCC)
• Short term lease to long standing tenant, Club Rhythm, providing secure holding income of $75,600 gross per annum until December 2018
Quality retail improvements, short term holding income, high profile location and genuine future development upside. 69-71 Melbourne Street is destined to appeal to owner occupiers, investors and developers alike.
An information memorandum is available upon request.
*approx.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agent:
Tom Isaksson +61 422 154 570
Property ID: 502869230Last Updated: 21 Apr 2020
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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