A secure investment opportunity
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1 Hugh Cairns Avenue, Bedford Park SA 5042

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OfficeSize: n/a
Block size: 2.85 Hectares approx.
JLL and Leedwell are pleased to present 1 Hugh Cairns Avenue for sale by expression of interest. A secure investment opportunity fully leased to ASX-listed Westpac Banking Corporation. The property offers an opportunity to secure both a strong income stream and significant future repositioning and/or development potential. 
 
A modern two level campus style commercial office building with on-site car parking and a fully operational standalone Childcare centre.
 
Strategically located to capitalise on the substantial Government spend across the North-South Corridor, Flinders Link railway expansion, Tonsley Innovation District along with being a short distance to the Flinders Medical Centre and Flinders University.



 
-         Superb office building of 5,874sqm* and childcare centre of 350sqm*
-         Huge site area of 28,500sqm* with 409 on site car parks.
-         Fully leased to Westpac until October 2025 with a net income of $1,950,789 p.a*
-         Secure cash flow with value add, repositioning, or redevelopment potential.
-         3.5 star NABERS rating
 
The property is offered for sale by expression of interest closing Wednesday 10 April 2024 at 4pm (ACST).

For more information or to arrange an inspection, please contact exclusive selling agents JLL & Leedwell.
 
*Approx
 
JLL RLA 1842
Leedwell RLA 222153

Inspections

No open inspections scheduled.

Send an enquiry

Contact Ben Parkinson to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Office
Block Size:
2.85 Hectares*

Other Details

JLL - Adelaide

Maps and area information

Block information
Block size: 2.85Hectares (approx)
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Property history

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Bedford Park suburb information

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SummaryMedian sales
Average Age
28 years
Population
1,882
Listing ID: 182350356. This listing has been viewed 0 times. It was first displayed on 05/03/2024 and last updated on 12/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.