LJ Hooker Commercial Adelaide is pleased to present to the market 126 Payneham Road, Stepney.
The property dates back to Circa 1900's and consists of two individual tenancies. The façade is constructed of painted brick, and it features a galvanized sheeted bullnose verandah that offers optimal protection from the elements.
Located in a vibrant commercial shopping strip, the surrounding area teems with a diverse range of retail outlets, restaurants, cafes, and offices. The Avenues Shopping Centre is conveniently situated just 40 meters away, further enhancing the appeal and convenience of this prime location.
This property presents a unique opportunity to acquire a rare investment in the highly sought-after inner-metropolitan suburb of Stepney.
Features:
Two commercial tenancies fully leased
Build Area 248m2*
Site area 613m2*
Net income of $54,563.60* plus GST & outgoings
High Exposure with 34,500 passing vehicles daily (Source: DPTI)
Zoned: Suburban Activity Centre - SAC
Inspection by Private Booking
For further information contact Mario Bonomi 0412 080 993 or Anthony Clemente 0423 414 554
* Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker Commercial Adelaide office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015