Knight Frank is delighted to offer to the market this fully occupied mixed use facility located at 162 Grange Road, Flinders Park. The subject property comprises a 2-level residential flats on the upper level, commercial tenancy on the lower with 2 level de-attached dwelling and rear cottage all home and work to long term occupiers. Knight Frank recommend the key investment highlights: + Current Lease to Wilsmore Paterson (Commercial) ground floor of $42,000 per annum plus Outgoings and Residential income producing $79,320 per annum gross* + Favourable and High-Profile location along Grange Road, Flinders Park with passing daily traffic of 33,000* + Total net lettable area of 685.8 sqm* over the improvements + Irregular shaped allotment of 917 sqm* with 19.9m* frontage to Grange Road and secondary frontage to Scott Avenue 44.5m* + Prime corner allotment with ample upside for future development (STCC) + Strategic location, within a 5km* radius and located nearby important public infrastructure, St Michaels Primary School (700 metres*), Nazareth Catholic College (1.3 kms), Coles Findon (2.6 kms*) and Queen Elizabeth Hospital (4 kms*) + Flinders Park: only 7kms* from the Adelaide CBD and home to 17,386 residents with a median house price of $900,000. (3) (4) + Total of 6 car parks for residents and ample off-street parking in Scott Street + Annual Income of $115,320 pa* + GST This property will be open for inspection on Wednesday 27 November 2024 from 4:00pm - 4:30pm. 162 Grange Road, Flinders Park is offered for sale by Expressions of Interest closing 4th of December 2024 at 4:00pm (ACDT). *Approx.
E-Mail-Anfrage an Knight Frank - Adelaide (RLA 199257)
Immobilie ID: 504733540