1 Hugh Cairns Avenue,
Bedford Park, SA 5042

Offices

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Parking info

Property extent

Tenure type

Tenanted Investment Details

Occupancy

Fully Leased

Est. Incomep.a.

$1,950,789

Number of Tenants

2 Tenants

Private inspections

to arrange a private inspection.

Map of 1 Hugh Cairns Avenue

Directions

A secure investment opportunity

Fully leased to Westpac
Office building with Childcare centre
Redevelopment potential up to 10 level

JLL and Leedwell are pleased to present 1 Hugh Cairns Avenue for sale by expression of interest. A secure investment opportunity fully leased to ASX-listed Westpac Banking Corporation. The property offers an opportunity to secure both a strong income stream and significant future repositioning and/or development potential.

A modern two level campus style commercial office building with on-site car parking and a fully operational standalone Childcare centre.

Strategically located to capitalise on the substantial Government spend across the North-South Corridor, Flinders Link railway expansion, Tonsley Innovation District – along with being a short distance to the Flinders Medical Centre and Flinders University.

-         Superb office building of 5,874sqm* and childcare centre of 350sqm*
-         Huge site area of 28,500sqm* with 409 on site car parks.
-         Fully leased to Westpac until October 2025 with a net income of $1,950,789 p.a*
-         Secure cash flow with value add, repositioning, or redevelopment potential.
-         3.5 star NABERS rating

The property is offered for sale by expression of interest closing Wednesday 10 April 2024 at 4pm (ACST).

For more information or to arrange an inspection, please contact exclusive selling agents JLL & Leedwell.

*Approx.

JLL RLA 1842
Leedwell RLA 222153