+35 Photos

SOLD

2A Hawker Street, Ovingham, SA, 5082

Properties / Sold / South Australia / Ovingham

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

14th of December at 12:30 pm (ACDT).

Land Area

2,001 m² (*approx)

Floor Area

1410 m² (*approx)

Property Type

Other, Land, Retail, Offices

Sub-type

Large Format, Mixed Use

Terms

Leased to Bowden Gym Collective until 2026 with a further 5-year option

Est. Income

$119,736 p/a

Show All

2. Property Highlights

SOLD PRIOR TO AUCTION

$119,736 plus GST and outgoings
Leased until July 2026
Zoned Established Neighbourhood

Savills in conjunction with Toop+Toop is pleased to offer 2A Hawker Street, Ovingham to the market via Public Auction.

Tenanted Investment with Future Development Potential

With future development potential and valuable holding income, this unique property appeals to both astute investors and developers alike. Situated 2.9 km* from the Adelaide CBD, the impressive 2,001 sq m* allotment boasts dual access points for the well-established tenant Bowden Gym Collective.

Positioned within Bowden which is rapidly becoming Adelaide’s most commutable suburb and known as the State Government's first higher-density urban infill project, this is a rare opportunity to purchase this exciting, leased investment with future upside.

Key Investment Highlights:

• Valuable holding net income of $119,736.00* plus GST

and outgoings

• Future development upside

• Leased to Bowden Gym Collective until 2026 with a further

5-year option

• Strategic inner northern location surrounded by high-

density residential catchment

• 2,001 sq m* site area with valuable rear lane access

• 1,410 sq m* of building area with multiple rooms and

quality amenities

• Spanning across 2 titles

• Zero stamp duty

• Zoned Established Neighbourhood within the city of

Charles Sturt

Inspections are strictly by appointment only with either of the exclusive agents below.

For all the details please don’t hesitate to contact the joint agents below.

Approximately*

RLA 1786

Remember to mention you found this property on CommercialReady