1-3 Finniss Street,
North Adelaide, SA 5006
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McGees Property - Adelaide (RLA 1722)
Level 10/60 Waymouth StreetADELAIDE, SA 5000
1-3 Finniss Street
North Adelaide, SA 5006
Map of 1-3 Finniss Street
Train stations within 5 km of 1-3 Finniss Street, North Adelaide, SA 5006 Distance Adelaide Railway Station 1.6 km Royal Adelaide Hospital 2.2 km Victoria Square Station 2.3 km North Adelaide Station 2.3 km Ovingham Station 2.5 km POWERED BY HERE ©Tram stops within 5 km of 1-3 Finniss Street, North Adelaide, SA 5006 Distance Adelaide Metro Free City Connector Bus and Tram 1.6 km Tram Adelaide Railway Station 1.6 km Rundle Mall 1.6 km Tram Pirie St 1.9 km Tram Victoria Square 2.3 km POWERED BY HERE ©Bus stops within 5 km of 1-3 Finniss Street, North Adelaide, SA 5006 Distance Stop 4 Jerningham St-West Side 118 m Melbourne Street Plaza 173 m 3a Melbourne St - North West Side 200 m 3 Melbourne St - North West Side 299 m 4 Melbourne St - North West Side 392 m POWERED BY HERE ©
POWERED BY HERE ©
North Adelaide Icon – Owner Occupier Opportunity with Holding Income
- Classical two-storey building of 284 sqm* with all the modern luxuries
- Dual tenancy - fully leased until February 2025
- Prime North Adelaide corner site of 165 sqm* overlooking parklands
- Upstairs potential for office or residential use (STCC)
- On-site car parks for up to 2 vehicles and lift access
- Zoned City Living
McGees Property are delighted to offer the freehold sale of 1-3 Finniss Street, North Adelaide.
A classical building, brilliantly positioned on the corner of Finniss Street and Mackinnon Parade, 1-3 Finniss Street is fully occupied with reputable tenants with tremendous and immediate owner occupier upside.
Currently leased with a strong net estimated income of $92,131 per annum* plus GST. Purchasers will have the opportunity to invest in a North Adelaide icon to either occupy in the future, or re-lease for future rental upside.
Ground floor is currently leased to a highly regarded beautician, with an upcoming market rent review in May 2025 presenting an opportunity for rental uplift. First floor tenancy leased to an education operator set to vacate in February 2025, an opportunity for owner occupiers' business or residential occupation (STCC).
For Sale at Offers of $2,150,000.
For more information, or to arrange for an inspection of 1-3 Finniss Street, North Adelaide please contact Charlie Caruso or Simon Lambert of McGees Property (RLA 1722).
(* approx.)
- Dual tenancy - fully leased until February 2025
- Prime North Adelaide corner site of 165 sqm* overlooking parklands
- Upstairs potential for office or residential use (STCC)
- On-site car parks for up to 2 vehicles and lift access
- Zoned City Living
McGees Property are delighted to offer the freehold sale of 1-3 Finniss Street, North Adelaide.
A classical building, brilliantly positioned on the corner of Finniss Street and Mackinnon Parade, 1-3 Finniss Street is fully occupied with reputable tenants with tremendous and immediate owner occupier upside.
Currently leased with a strong net estimated income of $92,131 per annum* plus GST. Purchasers will have the opportunity to invest in a North Adelaide icon to either occupy in the future, or re-lease for future rental upside.
Ground floor is currently leased to a highly regarded beautician, with an upcoming market rent review in May 2025 presenting an opportunity for rental uplift. First floor tenancy leased to an education operator set to vacate in February 2025, an opportunity for owner occupiers' business or residential occupation (STCC).
For Sale at Offers of $2,150,000.
For more information, or to arrange for an inspection of 1-3 Finniss Street, North Adelaide please contact Charlie Caruso or Simon Lambert of McGees Property (RLA 1722).
(* approx.)
Property ID: 504712140Last Updated: 14 Nov 2024
McGees Property - Adelaide (RLA 1722)Level 10/60 Waymouth Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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