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53-63 Flinders Street, Adelaide

53-63 Flinders Street Adelaide, SA Australia 5000
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 1940
Building Area Gross
Land Area Gross ()
Occupancy 50.0 %

Property description

JLL is pleased to present 53-63 Flinders Street, Adelaide for sale by expression of interest. 


Investment highlights

Key investment features include:

 

·      Absolute core Adelaide CBD positioning, with significant frontage to Flinders Street of 39m

·      Across four individual titles, a combined allotment size of 1,129sqm* ensures efficient built form outcomes

·      Built form totalling some 1,131 sqm* with short term value add opportunities

·      Capital City zoning within the City of Adelaide, outlining no prescribed height limit

·      Projected fully leased net income of $242,267 per annum plus GST

·      Favourable rear lane access from Gawler Place

·      Unrepeatable land banking opportunity, ideally positioned for the next cycle

·      No stamp duty payable

 

For Sale by Expression of Interest closing Thursday, 18th of August at 4pm.

 

For further information please contact the agents below.

 

For more information or to arrange an inspection, please contact exclusive selling agent JLL.


Agent in conjunction with Knight Frank.

 

*Approx

 

JLL RLA 1842

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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