Learn more about this property online at:
https://www.colliers.com.au/p-aus66015872
https://www.colliers.com.au/p-aus66015872
- Sold
For Sale
Expressions of Interest closing 28th Apr 2022 Adelaide
Colliers is pleased to present the opportunity to purchase 8-20 Hutt Street, Adelaide within the popular eastern CBD fringe.
8-20 Hutt Street, Adelaide represents an outstanding owner occupier or value-add opportunity with fantastic future development potential.
Just a short walking from the popular East End and Hutt Street retail, commercial and hospitality precincts, the building stands proud inside Adelaide city’s coveted eastern fringe.
Further key attributes include:
•Prominent site of 1,216sqm*
•Flexible floor plates totalling 1,699sqm* of building NLA
•Ground floor tenanted by MADEC, a national education and training organisation
•Opportunity to occupy, value-add or redevelop
•26 secure basement carparks
•Estimated fully leased net income of $538,858*
•Capital City Zoning offering a flexible range of outcomes (stnc)
•Recent development approval for a 16 level mixed use building over adjoining site to the north
•Within walking distance of the park lands, Rundle Street, Lot Fourteen and the Calvary Adelaide Hospital.
*approx.
For sale by Expressions of Interest closing 28th April at 3pm (ACST)
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
8-20 Hutt Street, Adelaide represents an outstanding owner occupier or value-add opportunity with fantastic future development potential.
Just a short walking from the popular East End and Hutt Street retail, commercial and hospitality precincts, the building stands proud inside Adelaide city’s coveted eastern fringe.
Further key attributes include:
•Prominent site of 1,216sqm*
•Flexible floor plates totalling 1,699sqm* of building NLA
•Ground floor tenanted by MADEC, a national education and training organisation
•Opportunity to occupy, value-add or redevelop
•26 secure basement carparks
•Estimated fully leased net income of $538,858*
•Capital City Zoning offering a flexible range of outcomes (stnc)
•Recent development approval for a 16 level mixed use building over adjoining site to the north
•Within walking distance of the park lands, Rundle Street, Lot Fourteen and the Calvary Adelaide Hospital.
*approx.
For sale by Expressions of Interest closing 28th April at 3pm (ACST)
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
Features
Location / Proximity
1.5km from CBD
Total Area - M
1,634sqm NLA spanning 3 levels
Car Parking
26 secure onsite car parks
Net Income
Net passing income of $179,677
