Colliers International is pleased to present the opportunity to purchase 132-138 Port Road, Hindmarsh.
132-138 Port Road represents an outstanding owner occupation or investment proposition on the edge of the Adelaide CBD.
The location can only be described as absolutely premium, being located in a sought after inner metropolitan location which has undergone significant gentrification over recent years.
Offering high quality character improvements, the two-level building offers income on the ground floor, generated from two tenants with the rear of the ground floor and the entire first floor being occupied by the Vendor with the preference for a leaseback for 12 months.
The key investment features of this offering include:
Premium location on the doorstep to the Adelaide CBD and the bio-medical precinct on North Terrace. Stunning character improvements over two levels with rear on-site car parking for 15 vehicles, accessed via Mary Street District Centre zoning allowing for commercial, retail, medical and residential uses. Significant and strategic land holding of some 1,164 sqm over 2 Certificates of Title. Strong existing income from three ground tenants, plus the potential for a leaseback over the first floor and rear ground floor.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
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