Versatile City Fringe Office with Development Upside

31 Hauteville Terrace, Eastwood, South Australia 5063

Office For Sale

Auction. Date 14 Sep 2018
Land Area: 981.00 m2.    Floor Area: 320.00 m2.    

Car Spaces: 12   

Description

Colliers International are pleased to present the opportunity to purchase 31 Hauteville Terrace, Eastwood a character styled cottage well positioned within the Adelaide City Fringe. Owned by the same partnership for some 10+ years, the property is offered with a short term lease back, allowing all purchaser classes the opportunity to secure this prime mixed use opportunity.

Colliers International highlight the following key investment features:

• Well-located within the city fringe suburb of Eastwood, with direct access to both Greenhill Road and Fullarton Road
• Well appointed and functional office accommodation across two buildings, comprising a total gross building area of 320sqm*
• Valuable dual street access from Hauteville Terrace and Trust Lane, which connects to the rear on-site car parking for up to 15 vehicles
• Large site area of 981sqm* with significant street frontage of 18.29m* offers genuine future development upside
• Zoned Residential (18) within the City of Burnside allowing for medium density residential development (stcc)
• Offered with a short term lease back providing strong holding income of $105,600 net per annum until 31th July 2019.

31 Hauteville Terrace, Eastwood will be offered For Sale by Public Auction on Friday the 14th September 2018 at 11am (ACST) on-site.

An information memorandum is available upon request.

*approx.

To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:

Oliver Totani +61 412 808 743
Jack Dyson +61 448 685 593
Tom Isaksson +61 422 154 570

Features

  • Prime city fringe location
  • Large site of 981sqm*
  • Residential development upside (stcc)
  • Character office improvements of 320sqm*

Specifications

Council City of Burnside
Zoning Residential (18) Zone
Car Parking Details 12 rear on site park. 3 additional spaces front of property

Transaction Details

14 Sep 2018
31 Hauteville Terrace, EASTWOOD SA 5063, AUSTRALIA

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