300-308 Greenhill Road, Glenside
300-308 Greenhill Road Glenside SA 5065
Key Property Highlights
|Building Area||507 sqm|
|Land Area||965 sqm|
300-308 Greenhill Road, Glenside comprises an exceptional main road retail investment located in the heart of Adelaide’s prized eastern suburbs.
Situated on a prime corner site of 965* square metres, and boasting net income of $156,324* per annum, 300-308 Greenhill Road provides purchasers with a strong income stream whilst being underpinned by its high land value and future development potential.
Comprising eight shops fully leased to a diverse mix of tenants, this property offers astute investors the rare opportunity to acquire a land rich investment in one of the most tightly held precincts in the state. Opportunities of this calibre are rarely available in the inner eastern suburbs, with properties typically held in the same ownership for generations.
Cushman & Wakefield is proud to bring this outstanding property to the market and we strongly recommend it for your consideration.
Key property highlights:
- High profile corner site of 965sqm* with three street frontages
- Eight fully leased retail shops with gross lettable area of 507sqm*
- Net income of $156,324* per annum, with fixed rent review profile
- Strong future development potential, redevelopment clauses in leases
- Situated less than 3km from the CBD and 500m from Burnside Village 300-308 Greenhill Road,
Glenside is being offered for sale by public auction to be held onsite on Tuesday 31st May 2022 at 10am.
For more information or to schedule an inspection please contact exclusive selling agents, Cushman & Wakefield.
Jed Harley +61 418 807 920
Hamish Crouch +61 433 278 821