202-204 Hutt Street,
Adelaide, SA 5000
Offices • Shops & Retail • Hotel, Motel & Leisure
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Map of 202-204 Hutt Street
SOLD SOLD SOLD
A truly impressive investment property with quality improvements set on prime city land holding with 3 street frontages.
Securely leased to 5 tenants.
Adaptable building improvements disposed to accommodate a licensed Cafe/Restaurant with associated outdoor dining area, retail shops and offices with extensive fit-out.
Total land area approx 438 sqm (2 titles) with on-site parking and future redevelopment/refurbishment opportunities.
Fully leased at realistic rental levels, with additional income derived (annually in advance) via Telstra CMTS facility - Estimated net passing income is approx $157,000.00 PA (GST Excl).
A RARE FIND, held in same ownership since 1989 - overseas vendors - GENUINE SALE.
SOLD AT AUCTION - $3.2 MILLION - REFLECTING A YIELD OF 4.9%.
Securely leased to 5 tenants.
Adaptable building improvements disposed to accommodate a licensed Cafe/Restaurant with associated outdoor dining area, retail shops and offices with extensive fit-out.
Total land area approx 438 sqm (2 titles) with on-site parking and future redevelopment/refurbishment opportunities.
Fully leased at realistic rental levels, with additional income derived (annually in advance) via Telstra CMTS facility - Estimated net passing income is approx $157,000.00 PA (GST Excl).
A RARE FIND, held in same ownership since 1989 - overseas vendors - GENUINE SALE.
SOLD AT AUCTION - $3.2 MILLION - REFLECTING A YIELD OF 4.9%.
Property ID: 5410093Last Updated: 27 Jun 2016
08 8410 644...
202-204 Hutt Street
Adelaide, SA 5000
Negotiators Real Estate - AdelaideLevel 2, 195 Victoria Square
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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