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246-248 The Parade, Norwood, SA 5067

246-248 The Parade, Norwood, SA 5067

Retail

  • For Sale
  • $2,500,000 Exc. GST
  • For Sale

  • Land Area
  • 404.00 m² (approx)
  • Floor Area
  • 300 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 24, 2019

Interested in this property? Contact an Agent today

Stanley Samuels Pty Ltd - Parkside (RLA 2199)

3/813 South Road

Clarence Gardens SA 5039

Mark Stanley

First Time Offered In Over 50 Years!

"Opportunity a Lifetime" - such a common phrase in Real Estate, but in this case it's a fact.

Purchased by the current family back in the 1960's this property has been a cornerstone of an impressive portfolio for over five decades, and is now presenting a wonderful opportunity to buy into such a tightly held location.

Currently leased to excellent tenants on a 5+5+5 lease commencing 1/2/18, the property consists of two separate buildings totalling some 300 sqm of improvements on land of some 404 sqm.

Impressive, prominent corner site.

246-248 The Parade, Norwood, SA 5067

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