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- Fully-leased group of six shops
- Diverse and longstanding tenants
- High-exposure frontage on one of Adelaide's busiest arterial roads
- Total site area of approximately 1,705 square metres with building area of approximately 563 square metres
- Net income of approximately $239,646.73 per annum plus GST and outgoings
- Three titles with outstanding future development potential
- Drive-around access and ample customer parking on-site
- Strategic location close to Burnside Village and directly opposite Aldi Glenunga
Auction on-site at 10 am Friday, 11th July.
Positioned on a prominent corner within Adelaide's sought-after Eastern suburbs, 476 Portrush Road, Linden Park presents a rare opportunity to acquire a high-performing and fully-leased retail asset. This established local centre site comprises six (6) shops fully leased to five (5) tenants — currently occupied by a bakery, a Vietnamese restaurant, a pizzeria, a laundromat, and a Thai restaurant — catering to a loyal and growing local customer base.
The property benefits from outstanding access and visibility, sitting proudly along a major thoroughfare with high daily traffic volumes. Its prime location, just minutes from the award-winning Burnside Village Shopping Centre and opposite Aldi supermarket, offers strong prospects for future development and capital growth. Surrounded at the rear by a thriving residential catchment the property services a diverse and affluent customer base.
Whether you are a new or experienced investor or seeking to expand your portfolio with a high-performing commercial asset, this is an opportunity not to be missed.
For further information or to arrange an inspection of 476 Portrush Road, Linden Park, please contact Saxon Smith of Higher Commercial (RLA 323 903)
Disclaimer:
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903
Remember to mention you found this property on CommercialReady
- Fully-leased group of six shops
- Diverse and longstanding tenants
- High-exposure frontage on one of Adelaide's busiest arterial roads
- Total site area of approximately 1,705 square metres with building area of approximately 563 square metres
- Net income of approximately $239,646.73 per annum plus GST and outgoings
- Three titles with outstanding future development potential
- Drive-around access and ample customer parking on-site
- Strategic location close to Burnside Village and directly opposite Aldi Glenunga
Auction on-site at 10 am Friday, 11th July.
Positioned on a prominent corner within Adelaide's sought-after Eastern suburbs, 476 Portrush Road, Linden Park presents a rare opportunity to acquire a high-performing and fully-leased retail asset. This established local centre site comprises six (6) shops fully leased to five (5) tenants — currently occupied by a bakery, a Vietnamese restaurant, a pizzeria, a laundromat, and a Thai restaurant — catering to a loyal and growing local customer base.
The property benefits from outstanding access and visibility, sitting proudly along a major thoroughfare with high daily traffic volumes. Its prime location, just minutes from the award-winning Burnside Village Shopping Centre and opposite Aldi supermarket, offers strong prospects for future development and capital growth. Surrounded at the rear by a thriving residential catchment the property services a diverse and affluent customer base.
Whether you are a new or experienced investor or seeking to expand your portfolio with a high-performing commercial asset, this is an opportunity not to be missed.
For further information or to arrange an inspection of 476 Portrush Road, Linden Park, please contact Saxon Smith of Higher Commercial (RLA 323 903)
Disclaimer:
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903
Remember to mention you found this property on CommercialReady
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