1-13 Sixth Street,
Bowden, SA 5007
Development Sites & Land
Price information
Sold
Contact Agent
Detailed listing
Key property information
Land area
Floor area
Car spaces
Property extent
Map of 1-13 Sixth Street
SOLD - Bowden’s Best Standalone Investment
- 31 apartments on one Title
- Just 2.5km* from Adelaide CBD
- Fully leased net annual income $550,000*
Under instructions from KPMG acting as Receivers and Managers, Colliers is delighted to offer for sale 1-13 Sixth Street, Bowden.
A 6-level building comprising 31 apartment units across ground and 5 upper levels, with basement car parking for 32 vehicles, all contained within a single certificate of title providing genuine opportunity for value add.
Bowden is a vibrant inner-city precinct situated just 2.5km* from the Adelaide CBD which benefits from easy access to public transport infrastructure including tram, train and bus networks. As part of the major Urban Renewal project, the location is highly appealing to residents and students given its easy connectivity to the Adelaide CBD and inner metropolitan suburbs.
The key details are:
• 31 Apartments on one Certificate of Title
• Gross building area of 5,354sqm*
• High occupancy track record
• Estimated fully leased net annual income of $550,000*
• Only 2.5km* from Adelaide CBD
• 100% freehold Interest
• Exceptional opportunity to create further value
• Potential depreciation benefits
*approx.
For Sale by National Expressions of Interest, closing 12pm (ACDT) Thursday 23 November 2023.
For further information, please contact the Colliers Team.
A 6-level building comprising 31 apartment units across ground and 5 upper levels, with basement car parking for 32 vehicles, all contained within a single certificate of title providing genuine opportunity for value add.
Bowden is a vibrant inner-city precinct situated just 2.5km* from the Adelaide CBD which benefits from easy access to public transport infrastructure including tram, train and bus networks. As part of the major Urban Renewal project, the location is highly appealing to residents and students given its easy connectivity to the Adelaide CBD and inner metropolitan suburbs.
The key details are:
• 31 Apartments on one Certificate of Title
• Gross building area of 5,354sqm*
• High occupancy track record
• Estimated fully leased net annual income of $550,000*
• Only 2.5km* from Adelaide CBD
• 100% freehold Interest
• Exceptional opportunity to create further value
• Potential depreciation benefits
*approx.
For Sale by National Expressions of Interest, closing 12pm (ACDT) Thursday 23 November 2023.
For further information, please contact the Colliers Team.
Explore property virtually
Video
Property ID: 504447508Last Updated: 17 Mar 2024
1-13 Sixth Street
Bowden, SA 5007
Detailed listing
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Expansive 5.81ha* mixed use development site,Bowden, SA 5007 58100 m²Development Sites & Land • Other