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2. Property Highlights

Value-Add Investment | Adjacent Rundle Mall
  • Owner Occupier/Refurbishment Opportunity
  • GBA of 2,012sqm* Across 8 levels
  • Recently Upgraded Foyer/Services

Leedwell Property are pleased to bring to market an exceptional value add investment, 49 Gawler Place, Adelaide at the doorstep to Adelaide's premium retail strip Rundle Mall.

This 8-level office building features fantastic ground floor retail activation with tenant "Fast Times", a recently refurbished entry/foyer and favorable valuation metrics.

The investment offers appeal to both owner occupiers and investors alike with pricing reflecting well under replacement cost.

We further highlight the below property features:

- Accessible by all modes of public transport (bus, tram and train) within easy walking distance

- 8-level commercial building comprising basement, ground floor retail, 5-levels of office and rooftop boardroom.

- 2,012sqm GBA

- Each floor is individually strata titled (but offered in one line) offering the easy possibility of the sale of individual floors over time

- Floorplates of 290sqm* with side lift core suited for converting into whole floor or part floor specialist suites

- Gawler Place has undergone significant refurbishment creating an amazing link for pedestrian traffic between North Terrace and key CBD streets

- Property directly adjoins Rundle Mall offering sensational amenity

- Flexible tenure on Levels 4-6 for an owner occupier

- Imputed net income of $413,000pa*

- Tidy land parcel of 449sqm*

- City Main Street Zone - Rundle Mall Subzone

Remember to mention you found this property on CommercialReady

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3. Property Location

49 Gawler Place, Adelaide, SA, 5000

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4. Due Diligence

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