34-36 Union Street, Adelaide, SA 5000

Offices

For Sale Contact Agent

  • Property ID: 415178
  • Floor Area: 82m²
  • Land Area: 82m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Fully Leased ‘Entry Level’ CBD Investment

Knight Frank Investment Sales are delighted present 34-36 Union Street, Adelaide to the market for sale via Best Offers by Thursday, 21 July at 4 pm.
This affordable investment will suit a variety of investor profiles, backed by its fully leased nature to a national business and prime location within Adelaide’s ‘East End’ precinct.
Key investment features include:
• Desirably located within Adelaide CBD’s ‘East End’, submersed within hospitality, retail, and service provider precinct
• Union Street location, between Rundle Street and Grenfell Street, offering high exposure to passing traffic
• Leased to national business, FinLease SA, through to January 2027 plus option to renew
• Recently refurbished, fully self-contained strata unit of 82 sqm* with front reception, open workspace, kitchenette, and toilet facilities
• Fixed 3% rent increases, with market review upon renewal
• Estimated current net income of $33,334.44 per annum
• No stamp duty payable
34-36 Union Street, Adelaide is offered to the market for sale via Best Offers by Thursday, 21 July at 4 pm.
For further information on this opportunity, please contact the exclusive marketing agents.
*Approx.

Adelaide Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $357 ---
Retail --- $415 ---
Offices $5619 $679 12.09%
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.

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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