49 Gawler Place Adelaide SA 5000

Leedwell Property are pleased to bring to market an exceptional value add investment, 49 Gawler Place, Adelaide at the doorstep to Adelaide's premium retail strip Rundle Mall.
This 8-level office building features fantastic ground floor retail activation with tenant "Fast Times", a recently refurbished entry/foyer and favorable valuation metrics.

The investment offers appeal to both owner occupiers and investors alike with pricing reflecting well under replacement cost.

We further highlight the below property features:
- Accessible by all modes of public transport (bus, tram and train) within easy walking distance
- 8-level commercial building comprising basement, ground floor retail, 5-levels of office and rooftop boardroom.
- 2,012sqm GBA
- Each floor is individually strata titled (but offered in one line) offering the easy possibility of the sale of individual floors over time
- Floorplates of 290sqm* with side lift core suited for converting into whole floor or part floor specialist suites
- Gawler Place has undergone significant refurbishment creating an amazing link for pedestrian traffic between North Terrace and key CBD streets
- Property directly adjoins Rundle Mall offering sensational amenity
- Flexible tenure on Levels 4-6 for an owner occupier
- Imputed net income of $413,000pa*
- Tidy land parcel of 449sqm*
- City Main Street Zone - Rundle Mall Subzone