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Knight Frank - Adelaide (RLA 199257)

8/1 Zwerner Drive Hallett Cove, SA 5158

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8/1 Zwerner Drive,
Hallett Cove, SA 5158

Medical & Consulting • Shops & Retail • Offices

Key property information

Land area

Floor area

Property extent

Tenure type

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Knight Frank - Adelaide (RLA 199257)

Knight Frank - Adelaide (RLA 199257)

Level 29, 91 King William Street
ADELAIDE, SA 5000
Knight Frank - Adelaide (RLA 199257)
8/1 Zwerner Drive
Hallett Cove, SA 5158

Map of 8/1 Zwerner Drive

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Trophy Essential Service Medical and Allied Health Investment | Stamp Duty Free Investment

  • Secure 4.62-year WALE
  • Favorable rental reviews
  • Stamp duty free investment
+Premium Allied Health assets with secure 4-year WALE
+Secure leases to long established tenants including Hallett Cove Family Practice, Hallett Cove Pharmacy, Hear Clear and Fleurieu Psychology Services
+Immaculate 685 sqm* commercial complex with 4 specialised medical and allied health tenancies
+Favourable rental reviews across the complex – ensuring rental growth
+Adjacent to Hallett Cove Shopping Centre, a triple supermarket and shopping centre anchored by Woolworths, ALDI, Drakes and BWS – complemented by over 35 specialty stores and 300+ undercover car park spaces
+Located within close proximity to various high-profile national tenants, with McDonald’s, Domino’s, KFC and Hungry Jack’s all within 650 metres
+Surrounded by important social infrastructure including 6 schools within a 2km radius servicing ~3,290 full-time students**
+Easy and quick access to Lonsdale Road, a major South Australian arterial road servicing over 27,000 vehicles per day**
+Hallett Cove: Strategic metro growth suburb, located just 23km* from the Adelaide CBD with a retail expenditure to grow by 67% to $2 billion by 2036***
+City of Marion: The City of Marion boasts an annual economic output of $7 billion, representing more than 23% of Southern Adelaide’s economic output****
+Stamp duty free investment
+Minimum management, essential service investment
+Net Income: $306,754 pa + GST

To be sold by Expression of Interest
Closing Wednesday 17th of August at 4:00pm

*Approximately
**GapMaps
***SC News
****Remplan

Hallett Cove, 5158 demographic data

The median household income for Hallett Cove is $1,871, 21% higher than Greater Adelaide's household income of $1,548. Hallett Cove has an older age profile compared to the rest of Greater Adelaide (median age 43 vs 39). Property ownership data shows 53% of property owners in Hallett Cove have a mortgage.

12,512
Population
$1,871 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households

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