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1-13 Sixth Street
Bowden SA 5007
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Sold on 14 Mar 2024

1-13 Sixth Street Bowden SA 5007

  • Development / Land
  • 829 m²
  • Sold

UNDER CONTRACT - Bowden's Best Standalone Investment

  • 31 apartments on one Title
  • Just 2.5km* from Adelaide CBD
  • Fully leased net annual income $550,000*

Under instructions from KPMG acting as Receivers and Managers, Colliers is delighted to offer for sale 1-13 Sixth Street, Bowden.

A 6-level building comprising 31 apartment units across ground and 5 upper levels, with basement car parking for 32 vehicles, all contained within a single certificate of title providing genuine opportunity for value add.

Bowden is a vibrant inner-city precinct situated just 2.5km* from the Adelaide CBD which benefits from easy access to public transport infrastructure including tram, train and bus networks. As part of the major Urban Renewal project, the location is highly appealing to residents and students given its easy connectivity to the Adelaide CBD and inner metropolitan suburbs.

The key details are:
• 31 Apartments on one Certificate of Title
• Gross building area of 5,354sqm*
• High occupancy track record
• Estimated fully leased net annual income of $550,000*
• Only 2.5km* from Adelaide CBD
• 100% freehold Interest
• Exceptional opportunity to create further value
• Potential depreciation benefits

*approx.

For Sale by National Expressions of Interest, closing 12pm (ACDT) Thursday 23 November 2023.

For further information, please contact the Colliers Team.

EXPRESSION OF INTEREST

Closing date and time23/11/2023 12:00
Recipient nameAsk Agent
Delivery addressAdelaide
Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold14 Mar 2024
Floor Area5,354 m²
Land Area829 m²
ParkingAsk Agent
Property ID2018852932
Category
Last updated  7 Aug 2024
Map for 1-13 Sixth Street Bowden SA 5007
Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold14 Mar 2024
Floor Area5,354 m²
Land Area829 m²
ParkingAsk Agent
Property ID2018852932
Category
Last updated  7 Aug 2024

Co-Agents

Jordan Schmidt
Colliers International Adelaide
Call
+61403422762
Alistair Mackie
Colliers International Adelaide
Call
+61 412 817 977
Rhys Newman
Colliers International Adelaide
Call
+61 477 881 265

More about 1-13 Sixth Street Bowden SA 5007

1-13 Sixth Street Bowden SA 5007 is categorized as Land & Development Property. It has a floor area of 5,354 m² and a land area of 829 m². The listing ID for this property is 2018852932.

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