EXCEPTIONAL LAND HOLDING OF 1351 M2 WITH A FRONTAGE TO GOODWOOD ROAD OF 16.76 M. EXCELLENT HOLDING INCOME - SUITABLE FOR REFURBISHMENT, OWNER OCCUPATION
EXPRESSION OF INTEREST CLOSING 4 PM TUESDAY 1st AUGUST 2017 (USB)
The property currently comprises shopfront and associated office of approx. 187 m2 of quality improvements currently leased to 31st January 2018 with three rights of renewal each of one year to TuTu and Twirl Pty Ltd, a well-established ballet/dance/theatre costume outfitting business. The current annual rental is of $48,626 per annum net plus GST. The tenant pays Council Rates, SA Water rates, Emergency Services Levy and Building Insurance
According to the Certificate of Title, the total land area is approximately 1351 m2 with a frontage to Goodwood Road of 16.76 m and a depth of approx. 80.62m.
The property is located within the City of Unley and the majority of the land is within the Local Centre Zone with the rear portion of the land within the RS (BF) 9.3 (Built Form) Zone, Policy area 9 Spacious Precinct 9.3 Kings Park.
The property enjoys great exposure to Goodwood Road with an average of over 28,000 vehicles passing daily according to Transport SA survey figures.
All areas/dimensions are approximate
RLA 205498 and 166790