1-3 George Street, Glenelg North, SA 5045

Development/Land

For Sale $2,800,000

  • Property ID: 392834
  • Land Area: 1035m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Rare Offering

Auction Location: 1-3 George Street, Glenelg North.

• Glenelg is a coastal suburb and is one of South Australia's tightest held rental/sale markets
• Prime positioned development site with significant holding income
• Zoned – Urban Neighborhood – City of Holdfast Bay
• Build up to 12 storeys
• Significant holding of 1035 m2 (approx.)
• Combined frontage to George St of 61.74m (approx.)
• 2 separate titles
• Comprising 8 two storey flats
• Fully occupied residential complex with strong occupancy history
• Rental income in excess of $107,000 per annum

For further information contact Stan Tettis on 0409 286 820 or Kofi Adih on 0414 834 151.

RLA 231 015

Glenelg North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $244 ---
This is the average advertised price, rent and yield for Glenelg North, SA 5045*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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