270 Unley Road, Hyde Park, SA 5061

For Sale
Contact Agent

Retail
Property No. 8415
Contact Us

Secure Hyde Park retail investment yielding 6.5%+

270 Unley Road, Hyde Park is a fantastic opportunity to acquire a securely leased retail strip shop returning a net rental yield in excess of 6.5%.

The property is situated on the western side of Unley Road, approximately 3 kilometres south of the Adelaide CBD in the affluent inner-suburb of Hyde Park. This portion of Unley Road is rapidly becoming the main commercial and retail hub of Unley, with several new apartment projects in the immediate vicinity set to increase the population and vibrancy of the precinct.

We outline the key property highlights below:

- Immaculately presented retail premises with long standing tenant in place
- Leased until October 2021 with options until 2027
- Net income of $60,760* (as at 1 October 2018) plus outgoings and GST
- Popular and high profile inner metropolitan high street
- Valuable off-street parking at the rear accessed via Park Street
- Adjacent the Metro Shopping Centre and less than 400m from Unley Shopping Centre
- Zoned Urban Corridor Policy Area 20 – High Street (Unley Road)

270 Unley Road, Hyde Park is offered for sale by Private Treaty.

*approximatley

JLL
RLA1842
270 Unley Road, Hyde Park is a fantastic opportunity to acquire a securely leased retail strip shop returning a net rental yield in excess of 6.5%.

The property is situated on the western side of Unley Road, approximately 3 kilometres south of the Adelaide CBD in the affluent inner-suburb of Hyde Park. This portion of Unley Road is rapidly becoming the main commercial and retail hub of Unley, with several new apartment projects in the immediate vicinity set to increase the population and vibrancy of the ...
Last updated

06 Sep 2018

Building

Whole


Floor area

157 sqm

Land area

156 sqm


Auction details

2018-07-11 11:00:00

Tenure type

Tenanted

JLL

270 Unley Road, Hyde Park, SA 5061

For Sale
Contact Agent
Retail
Property No. 8415

Property details

Secure Hyde Park retail investment yielding 6.5%+

270 Unley Road, Hyde Park is a fantastic opportunity to acquire a securely leased retail strip shop returning a net rental yield in excess of 6.5%.

The property is situated on the western side of Unley Road, approximately 3 kilometres south of the Adelaide CBD in the affluent inner-suburb of Hyde Park. This portion of Unley Road is rapidly becoming the main commercial and retail hub of Unley, with several new apartment projects in the immediate vicinity set to increase the population and vibrancy of the precinct.

We outline the key property highlights below:

- Immaculately presented retail premises with long standing tenant in place
- Leased until October 2021 with options until 2027
- Net income of $60,760* (as at 1 October 2018) plus outgoings and GST
- Popular and high profile inner metropolitan high street
- Valuable off-street parking at the rear accessed via Park Street
- Adjacent the Metro Shopping Centre and less than 400m from Unley Shopping Centre
- Zoned Urban Corridor Policy Area 20 – High Street (Unley Road)

270 Unley Road, Hyde Park is offered for sale by Private Treaty.

*approximatley

JLL
RLA1842


Last updated

06 Sep 2018

Building

Whole

Floor area

157 sqm

Land area

156 sqm

Auction details

2018-07-11 11:00:00

Tenure type

Tenanted


Brokers

Jed Harley
+61418807920
JLL - Adelaide
Level 18, Grenfell Centre, 25 Grenfell Street
Adelaide SA 5000
Tom Bailey
+61 407 607 266
JLL - Adelaide
Level 18, Grenfell Centre, 25 Grenfell Street
Adelaide SA 5000
 

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