The improvements comprise 2 stand alone buildings, set on a valuable high profile Torrens Titled Allotment.
The Corner Building is configured to accommodate a Retail Showroom with self-contained amenities. Total area of approx. 246 sqm with lock-up yard at rear. The Corner Building is currently let to Bed Bath n' Table, who will be vacating at expiry of lease on 29.02.2020.
The Rear Building comprises an office/warehouse facility - as purpose built, with roller door access, with a ground level area of approx. 210 sqm and a mezzanine level of 47 sqm as well. This building is currently leased/occupied on a monthly tenancy arrangement to a long-standing Tenant, which is terminable on 2 months' notice.
The land itself has a total area of approx. 556 sqm - is rectangular in shape, with frontage of 13.72m to Unley Road and 40.54m to Cremorne Street.
The land is located in a URBAN CORRIDOR ZONE - HIGH STREET (UNLEY ROAD) POLICY AREA 20, in the City of Unley. This zone accommodates a wide variety of land uses, commercial, retail and residential mix (STNC), with a maximum building height of 5 storeys.
The property offers a rare opportunity for intending owner occupiers, investors or developers to acquire a Landmark Unley Road holding with future developmental options.
The property has been held in the same ownership since 1981, and will be Auctioned on-site Wednesday 19th February 2020 at 11.30am (unless sold beforehand).
Further details contact - Sole Selling Agents, George Zogopoulos 8410 6444 or 0412 824 278.