Ground Floor/23 Peel Street,
Adelaide, SA 5000
Shops & Retail
Key property information
Floor area
Sold on
Belle Property Commercial - Adelaide
177 Grote StreetADELAIDE, SA 5000
Ground Floor/23 Peel Street
Adelaide, SA 5000
Map
Rare Peel Street Retail Investment!
Belle Property Commercial Adelaide is delighted to offer Lot 1, 23 Peel Street, Adelaide to the market For Sale by Private Treaty.
This opportunity comprises a unique ground floor community strata in ‘Peel Street Chambers’ - a grand 6 storey character building positioned in the heart of Peel Street, the West End’s most popular drinking and dining destination.
Leased to established and popular Kafana Kitchen and Bar on a 5 + 5 year lease returning $95,000 PA Net Passing Income (Approx).
Key highlights include:
• 160 sqm* ground floor retail tenancy in arguably Adelaide’s most popular CBD laneway
• Established restaurant business surrounded by some of Adelaide’s trendiest cafes and restaurants
• High quality fit out with full commercial kitchen and benefitting from liquor licence
• Male / Female amenities including accessible toilets
• Basement / Cellar
• Tightly held location where opportunities to purchase are seldom seen
23 Peel Street represents an exceptional opportunity for any buyer to purchase an Adelaide CBD retail investment with a lease covenant complementary to this flourishing Peel Street precinct.
For Sale by Private Treaty.
Contact the exclusive selling agents for further information.
David Buenfeld 0416 045 6...
Alan Lim 0404 923 6...
*Approx.
This opportunity comprises a unique ground floor community strata in ‘Peel Street Chambers’ - a grand 6 storey character building positioned in the heart of Peel Street, the West End’s most popular drinking and dining destination.
Leased to established and popular Kafana Kitchen and Bar on a 5 + 5 year lease returning $95,000 PA Net Passing Income (Approx).
Key highlights include:
• 160 sqm* ground floor retail tenancy in arguably Adelaide’s most popular CBD laneway
• Established restaurant business surrounded by some of Adelaide’s trendiest cafes and restaurants
• High quality fit out with full commercial kitchen and benefitting from liquor licence
• Male / Female amenities including accessible toilets
• Basement / Cellar
• Tightly held location where opportunities to purchase are seldom seen
23 Peel Street represents an exceptional opportunity for any buyer to purchase an Adelaide CBD retail investment with a lease covenant complementary to this flourishing Peel Street precinct.
For Sale by Private Treaty.
Contact the exclusive selling agents for further information.
David Buenfeld 0416 045 6...
Alan Lim 0404 923 6...
*Approx.
Adelaide, 5000 demographic data
The median household income for Adelaide is $1,365, 12% lower than Greater Adelaide's household income of $1,548. Adelaide has a younger age profile compared to the rest of Greater Adelaide (median age 31 vs 39). Property ownership data shows 43% of property owners in Adelaide have a mortgage.
18,202
Population
$1,365 per week
Median household income
31 years
Median age
Renters
Most residents
Singles
Most households
Belle Property Commercial - Adelaide177 Grote Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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