Retail | Development/Land | Medical

Property ID: 371623

 

GENERATIONAL OPPORTUNITY 238M2* IMPROVEMENTS ON LAND 424M2* URBAN CORRIDOR ZONING- HOLDING INCOME REAR ACCESS

128 Unley Road, Unley, SA 5061

FOR SALE BY EXPRESSION OF INTEREST CLOSING 4PM MONDAY 14TH SEPTEMBER 2020 (USB)
Refurbish, Occupy or Redevelop!
The property has housed an Unley institution - Finos Fine Foods for over 60 years. It now is being offered for sale for the first time in a generation. Currently disposed as snack bar/café, Beauty/Nail salon and residence, it presents a great opportunity to refurbish, occupy, redevelop or perfect as a solid investment.
Located just meters from the Unley Shopping Centre and in the heart of Unley Road's commercial precinct the Flexible Urban Corridor Zoning makes the property suitable for redevelopment up to 5 storeys and a mixture of uses including retail, office, commercial, community, civic and residential (subject to usual consents).
Portion is currently leased in place to Starfingers expiring 27th November 2020. We understand that Starfingers wish to continue and willing to negotiate terms with the new owner.
The property has rear access to Mary Place with car parking for 4 vehicles and there is great exposure to Unley Road with an average of around 30000 vehicles passing daily according to DPTI Traffic Volume survey. Less than 1 km from the parklands and under 2.5km to the GPO, this is prime Unley Road property.
Gross Building area approx. 238 m2 on land approx. 424 m2. (frontage 12.65m x 33.53m deep)
The property is located within the City of Unley and is within the Urban Corridor, High Street (Unley Road) Policy Area 20 Zone.
All areas/dimensions approximate
RLA 205498

Sold

$900,000

David Ente