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157-159 Gouger Street Adelaide, SA 5000

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157-159 Gouger Street,
Adelaide, SA 5000

Shops & Retail • Other

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Map of 157-159 Gouger Street

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  • Train stations within 5 km of 157-159 Gouger Street, Adelaide, SA 5000Distance
    Victoria Square Station593 m
    Adelaide Railway Station Tram Stop1.1 km
    Royal Adelaide Hospital1.1 km
    Adelaide Parklands Terminal1.3 km
    Great Southern1.3 km
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  • Tram stops within 5 km of 157-159 Gouger Street, Adelaide, SA 5000Distance
    Tram Victoria Square530 m
    City South701 m
    Tram Pirie St835 m
    Tram South Terrace914 m
    Rundle Mall1.1 km
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  • Bus stops within 5 km of 157-159 Gouger Street, Adelaide, SA 5000Distance
    H1 Morphett St - East Side89 m
    S1 Morphett St - West Side93 m
    X1 Grote St - South Side172 m
    W3 Grote St - South Side209 m
    R1 Whitmore Sq - West Side219 m
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Leased Investment Plus Residence

Belle Property Commercial Adelaide are pleased to present 157-159 Gouger Street for sale by private treaty. Currently operating as Ming's Palace, 157-159 Gouger Street is a double storey building housing an iconic Chinese restaurant with an almost 30 year history.

The subject property is a highly appealing opportunity to both investors and owner occupier businesses as it is in a booming location. The property is sure to provide strong capital appreciation and rental growth over the years.

Key property highlights include:
- 384.3 sqm* site area
- 311.27 sqm* ground floor and 373.85 sqm first floor (residence)
- Strong projected annual income
- Ample street parking & rear lane access
- Good capital growth

GROUND FLOOR
Home to Ming's Palace, an iconic restaurant with a 30 year history and speciality dishes that are reputably the best in Australia.

UPPER RESIDENCE
The spacious upper residence comprises 6 bedrooms and 3 bathrooms, along with kitchen, dining and living areas. It is currently owner occupied.

With the property being in an ideal CBD location for students, close to universities, restaurants and public transport, this is an excellent rental potential or a luxurious home.

Contact Alan Lim for further information.

*Approx

RLA 287 133

Property ID: 503237398Last Updated: 31 Oct 2024

04049236...
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157-159 Gouger Street
Adelaide, SA 5000

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