131-139 Grenfell Street, Adelaide, SA 5000

Offices

For Sale Contact Agent

  • Property ID: 397084
  • Floor Area: 4020m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
PRIME OFFICE INVESTMENT LEASED TO GOVERNMENT TENANTS

131-139 Grenfell Street is an award winning 19-level building completed in 2009. The office component for sale is strata and comprises levels 5 to 9 (5 floors).
Property features include:
- 100% office space leased to South Australian and Commonwealth Governments
- Stunning view over Hindmarsh Square with three street frontages
- Estimated passing net income of $1.646m (approx.)
- Fully leased net income of $1.684m (approx.)
- 3% to 3.5% fixed annual rental increases
- WALE 3.16 years (by area as at 1 September 2021)
- NLA 4,020 sqm (approx.)
- Capital City zone - Adelaide City Council
- 10 secure car spaces including 2 spaces for bike storage on level 1
- 4 Star NABERS Energy rating
For Sale by Expressions of Interest closing Thursday 30th September 2021 at 4pm (ACST)

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $414 ---
Offices $4375 $602 13.77%
Industrial --- $250 ---
This is the average advertised price, rent and yield for Adelaide, SA 5000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in SA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.
Tools

  CBRE Adelaide

 

View Agency Profile

  Knight Frank - Adelaide

 

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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