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Student Rooms Gameau Road, Norman Street & Woodmere Avenue, Paradise, SA, 5075
Paradise
Student Rooms Gameau Road, Norman Street & Woodmere Avenue, Paradise, SA, 5075
Paradise
The opportunity comprises a freehold interest in a quality stabilised 107 student room portfolio and the leasehold interest in a further 118 student rooms plus the business which manages the total 225 student rooms.
With the portfolio generating 98.6% occupancy as at July 2025 and estimated NOI for CY2026 of $2.1m*, all assets are superbly located in close proximity to universities, public transport, retail services and recreational amenity.
The offering provides the opportunity to implement systems and existing staff to grow the leased accommodation portfolio in response to the substantial undersupply of student accommodation beds across the booming Adelaide student market.
*approx.
Remember to mention you found this property on CommercialReady
The opportunity comprises a freehold interest in a quality stabilised 107 student room portfolio and the leasehold interest in a further 118 student rooms plus the business which manages the total 225 student rooms.
With the portfolio generating 98.6% occupancy as at July 2025 and estimated NOI for CY2026 of $2.1m*, all assets are superbly located in close proximity to universities, public transport, retail services and recreational amenity.
The offering provides the opportunity to implement systems and existing staff to grow the leased accommodation portfolio in response to the substantial undersupply of student accommodation beds across the booming Adelaide student market.
*approx.
Remember to mention you found this property on CommercialReady
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