Knight Frank Investment Sales is excited to present for sale 6-10 Gibson Street, Bowden on behalf of our valued client.

Submersed within the gentrified city fringe suburb of Bowden, 6-10 Gibson Street presents as a brand-new premium grade corporate headquarters, home to Unity Housing Company, a not-for-profit housing provider with $900m of assets under management.

With over $550 million worth of additional investment into development projects surrounding the property, the long-term future of Bowden as one of Adelaide's most in demand locations is unquestionable.

Key property attributes:

- Anchored by Unity Housing Company who occupy 95% of the building on a brand new 12-year lease
- Brand new premium grade office building over two levels, providing 1,732 sqm* of GFA with ground floor retail
- Estimated fully leased net income of $533,999 per annum*
- Regular shaped allotment of 1,010 sqm* with dual access to Second Street
- City Fringe location only 2.5 km* from the Adelaide CBD
- High profile corner position within Bowden surrounded by major development projects by MAB Corporation and Sentinel
- Generous on-site parking for 27 vehicles
- Significant depreciation benefits on offer
- No stamp duty payable

6-10 Gibson Street, Bowden is offered to the market for sale via Expression of Interest closing Wednesday, 25 October at 4pm (ACDT).

For all the detail please don’t hesitate to contact the exclusive selling agents.

*Approx.