245 Waymouth Street Adelaide SA 5000

*********UNDER CONTRACT *************

Leased investment with future redevelopment upside in the burgeoning West End.

These CBD warehouses are becoming increasingly more difficult to find.

245 Waymouth Street, Adelaide presents as an unmissable opportunity. Currently leased until October 2024, there is the option for continued investment, owner occupation, or redevelopment (STCC).

KEY FEATURES
Rare and versatile CBD workshop/warehouse
534 square metres* Gross Building Area
505 square metres* Site Area
17.4 metre* frontage to Waymouth Street
Comprised of workshop/warehouse, office, and amenities
Front and rear roller doors with valuable rear laneway access
The property has been recently refurbished and presents extremely well
Leased until 31/10/2024 with one option for a further 3 years
No stamp duty or GST
Zoned Capital City 43 Metre Height Limit
6 month redevelopment clause
Easy access to public transport and nearby University campuses, Chinatown and the Adelaide Central Markets

This location in the western quadrant of the Adelaide CBD is undergoing unprecedented growth with a number of successful new apartment developments on the doorstop. Do not miss out on your chance to secure this exceptional property.

Inspections are strictly by appointment with the selling agents.

For more information or to arrange an inspection of 245 Waymouth Street, Adelaide, please contact the exclusive selling agents at Belle Property Commercial.

*approx

RLA 287133