Lot 10 / 160 Rundle Mall, Adelaide

Strategically Positioned CBD Investment!

INTRODUCTION:

Negotiators Real Estate Pty. Ltd. have been instructed by the Mortgagees in Possession, M. & E. Chiew, to offer for sale the subject Community Titled Lot.

The offering provides an opportunity for intending owner/occupiers or smaller investors to acquire strategically positioned Commercial premises within the core of the Adelaide’s CBD district, on the gateway and entry into Rundle Mall from Pulteney Street.

The premises are currently occupied by Student Lodging Australia Pty. Ltd. pursuant to an unregistered Memorandum of Lease with vacant possession available at completion of Settlement or if agreed between Purchaser and existing Tenant a lease arrangement may be entered into.

Student Lodging Australia Pty. Ltd. currently manage the student apartment complex.

PROPERTY DESCRIPTION:

Lot 10, is situated on the mezzanine level of an eight storey building which was refurbished late 1990’s, to now accommodate street level retailing, mezzanine level office, storage and plant room; and upper levels, configured and titled to accommodate student accommodation/units.

The building is serviced by two lift cars.

Lot 10, is in two sections comprising an office of about 37 sq. metres with reception area and a business centre of about 25 sq. metres. Both areas are detached and linked via a common passage (refer community plan appended). The subject premises are presently occupied, by virtue of an unregistered lease to the operators of the facility.

Copy of the Scheme Description and By-Laws for Community Plan No. 21063 can be obtained by contacting the Selling Agent.

Location Map

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