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McGees Property - Adelaide (RLA 1722)

1-3 Finniss Street North Adelaide, SA 5006

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1-3 Finniss Street,
North Adelaide, SA 5006

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McGees Property - Adelaide (RLA 1722)
Simon Lambert
Charlie Caruso

McGees Property - Adelaide (RLA 1722)

Level 10/60 Waymouth Street
ADELAIDE, SA 5000
McGees Property - Adelaide (RLA 1722)
1-3 Finniss Street
North Adelaide, SA 5006

Map of 1-3 Finniss Street

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  • Train stations within 5 km of 1-3 Finniss Street, North Adelaide, SA 5006Distance
    Adelaide Railway Station1.6 km
    Royal Adelaide Hospital2.2 km
    Victoria Square Station2.3 km
    North Adelaide Station2.3 km
    Ovingham Station2.5 km
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  • Tram stops within 5 km of 1-3 Finniss Street, North Adelaide, SA 5006Distance
    Adelaide Metro Free City Connector Bus and Tram1.6 km
    Tram Adelaide Railway Station1.6 km
    Rundle Mall1.6 km
    Tram Pirie St1.9 km
    Tram Victoria Square2.3 km
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  • Bus stops within 5 km of 1-3 Finniss Street, North Adelaide, SA 5006Distance
    Stop 4 Jerningham St-West Side118 m
    Melbourne Street Plaza173 m
    3a Melbourne St - North West Side200 m
    3 Melbourne St - North West Side299 m
    4 Melbourne St - North West Side392 m
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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.)

Property ID: 504712140Last Updated: 14 Nov 2024

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