69 Semaphore Road, Semaphore

Highly Versatile Property - Prime Semaphore Road Location!

69 Semaphore Road, Semaphore

  • Price: Contact for price
  • Location:SEMAPHORE
  • Area:515 sq metres

Highly Versatile Property - Prime Semaphore Road Location!

Strategically located building presently configured to accommodate 2 prime ground level retail tenancies, together with self-contained residence at level 1, with large balcony + sea views!

One of the ground level shop premises is leased to an established Tenant for an extended 3 years term commencing 10/07/2015 - 09/07/2018, with no right to extend remaining at a current rent of $30,677.04 P.A + Outgoings + GST, providing valuable holding income with balance of property vacant.

Total land area of approx. 515 sq. metres with valuable frontages to Semaphore Road and Nelson Street, at the rear.

A rare opportunity to acquire a truly versatile building, along Semaphore Road, with various refurbishment / redevelopment options.

To Be Sold by Auction, Thursday 12th May 2016 at 2:00PM

Location Map

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