Commercial Ready Logo
Watch Watch
Your home of Commercial Ready videos
Watch Watch
Search
All Videos
Search
Grid
Back
Go to Home
Properties / Buy / South Australia / Kensington
Save
Share
Added Today

Whole Site, 296-296A The Parade, Kensington, SA, 5068

Enquire
Finance Calculator Jump
Get a financing strategy built for this asset
Indicative LVR, rate range and lender fit • Secure + No obligation
See my options
+12 Photos
/
Images
Close

Whole Site, 296-296A The Parade, Kensington, SA, 5068

Kensington

Enquire now
Whole Site, 296-296A The Parade, Kensington, SA, 5068
×
+14 Photos
/

Whole Site, 296-296A The Parade, Kensington, SA, 5068

Kensington

Enquire now
Whole Site, 296-296A The Parade, Kensington, SA, 5068

Whole Site, 296-296A The Parade, Kensington, SA, 5068

Properties / Buy / South Australia / Kensington
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agents
Land Area
611 m² (*approx)
Floor Area
311 m² (*approx)
Property Type
Offices, Retail, Other
Sub-type
Block of Units / Flats
Est. Income
$98,616 p/a
Fully Leased
Karl Chehade Dry Cleaning & private residential tenant
Zone
Established Neighbourhood
Show All
Rare Retail and Residential Investment
  • 611sqm land holding
  • Premier eastern suburbs locale
  • Income or occupy

Positioned along one of Adelaide’s premier eastern suburb main roads, 296–296A The Parade, Kensington presents a rare mixed-use investment and lifestyle opportunity, combining a high-exposure commercial/retail tenancy with a well-appointed residential component. Offering diversified income potential and flexible future use options, the property benefits from its location within the vibrant Kensington and Norwood precinct, surrounded by established retailers, cafés and strong local amenity.

The property is offered flexibly by Expression of Interest (EOI), with the existing income stated below, however vacant possession of the commercial premises can be negotiated.

Key features are as follows:

Tenancies: Commercial (2) and Residential (1)

Tenants: Karl Chehade Dry Cleaning & private residential tenant

Land Area: 611sqm*

Lettable Area: 257sqm* combined

Residential Income: $36,400pa* gross

Commercial Income: $62,216pa* plus GST & portion outgoings

Vacancy (1st Floor): 68sqm

Frontage: 50m to The Parade, 39m to Regent St

Tenure: Existing lease to KC Dry Cleaning, vacant possession negotiable

Zoning: Established Neighbourhood

For Sale via Expression of Interest (EOI) closing Thursday 24th September 2026 @ 4:00pm

* = approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

296-296A The Parade Investment Summary

Property Type
Offices, Retail, Other
Sub-type
Block of Units / Flats
Est. Income
$98,616 p/a
Number Of Tenants
3
Tenant
Karl Chehade Dry Cleaning & private residential tenant
Land Area
611 m² (*approx)
Floor Area
311 m² (*approx)
Zone
Established Neighbourhood
Selling Method
EOI
EOI Closing Date
24 Sep 2026 04:00PM
Add to calendar
Selling Details
Contact Agents

Investment Highlights

Rare Retail and Residential Investment
  • 611sqm land holding
  • Premier eastern suburbs locale
  • Income or occupy

Positioned along one of Adelaide’s premier eastern suburb main roads, 296–296A The Parade, Kensington presents a rare mixed-use investment and lifestyle opportunity, combining a high-exposure commercial/retail tenancy with a well-appointed residential component. Offering diversified income potential and flexible future use options, the property benefits from its location within the vibrant Kensington and Norwood precinct, surrounded by established retailers, cafés and strong local amenity.

The property is offered flexibly by Expression of Interest (EOI), with the existing income stated below, however vacant possession of the commercial premises can be negotiated.

Key features are as follows:

Tenancies: Commercial (2) and Residential (1)

Tenants: Karl Chehade Dry Cleaning & private residential tenant

Land Area: 611sqm*

Lettable Area: 257sqm* combined

Residential Income: $36,400pa* gross

Commercial Income: $62,216pa* plus GST & portion outgoings

Vacancy (1st Floor): 68sqm

Frontage: 50m to The Parade, 39m to Regent St

Tenure: Existing lease to KC Dry Cleaning, vacant possession negotiable

Zoning: Established Neighbourhood

For Sale via Expression of Interest (EOI) closing Thursday 24th September 2026 @ 4:00pm

* = approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Mitch Curnow
Mitch Curnow
+61 *** *** *** show +61 415 494 056
Message
+61 415 494 056 [email protected] Message
Andrew Zammit
Andrew Zammit
+61 *** *** *** show +61 417 814 398
Message
+61 417 814 398 [email protected] Message

Download Development Site Report
Mitch Curnow
Mitch Curnow
+61 *** *** *** show +61 415 494 056
Message
+61 415 494 056 [email protected] Message
Andrew Zammit
Andrew Zammit
+61 *** *** *** show +61 417 814 398
Message
+61 417 814 398 [email protected] Message

Property Location of Whole Site, 296-296A The Parade, Kensington, SA, 5068

One moment please.

Retrieving map...

Kensington Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

Powered by DistrictData

View Full Report – Dataroom

One moment please.

Retrieving suburb data...

+ More nearby suburbs – View dataroom

Finance Calculator

Whole Site, 296-296A The Parade, Kensington, SA, 5068

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: south australia
Indicative rate for south australia. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO south australia for the latest rules and any concessions that may reduce this figure.
in full report
Whole Site, 296-296A The Parade, Kensington, SA, 5068 Kensington
Enquire
Leedwell Property - Adelaide (RLA 222531)
Leedwell Property - Adelaide (RLA 222531)
Lvl 1, 16 Hutt Street, Adelaide
View Agency Profile
Mitch Curnow
Mitch Curnow
+61 *** *** *** show +61 415 494 056
Andrew Zammit
Andrew Zammit
+61 *** *** *** show +61 417 814 398
Enquire
calculator-icon Yield Calculator
calculator-icon Yield Calculator
calculator-icon
income-icon clear-icon
income-icon clear-icon
income-icon