For Sale
255 Hindley Street,
Adelaide 5000, South Australia
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Property details
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Agents
Prime Adelaide CBD Hospitality Investment | 15 Year Net Lease Plus Options to 2082
Burgess Rawson and RWC Adelaide are pleased to offer to market a prime hospitality investment leased to Australian Venue Co (AVC), located at 255 Hindley Street, Adelaide SA 5000 for sale via Investment Portfolio Auction 175.
The property has the following key investment highlights:
+ Renewed fifteen (15) year net lease to February 2037 plus three (3) fifteen (15) year options to 2082
+ Australian Venue Co (AVC): Australia's fastest growing hotelier, with combined interest in over 210 hotels* and 933 liquor stores*
+ West End Tavern: featuring gaming lounge licensed for 34 gaming machines and extended trading hours
+ Investor preferred net lease terms with the tenant paying 100% of outgoings as per the lease
+ Favorable fixed 2.5% annual rent increases, ensuring rental growth
+ Perfectly positioned 268sqm* corner landholding with dual street frontage to Hindley Street and Gray Street, offering exposure to over 9,300 passing vehicles daily*
+ High-exposure site situated on ground floor of BreakFree Adelaide Hotel and opposite the University of South Australia, City West Campus. UNISA currently supports over 36,000 enrolled students*
+ Situated within 800m* of Rundle Mall, Adelaide's premiere retail hub anchored by national retailers Myer, Woolworths, and 1,000+ specialty retailers
+ Adelaide Growth Masterplan: the South Australian Government's 30 year vision to accommodate an additional 670,000 residents by 2051, building 315,000 new homes to support economic and population growth
+ Stamp duty free investment: no stamp duty payable on commercial property in South Australia
+ Net Income: $194,917 pa* + GST
For Sale by Investment Portfolio Auction 175
10.30am AEDT Wednesday 26 March 2025
River Room, Melbourne Crown Casino
The property has the following key investment highlights:
+ Renewed fifteen (15) year net lease to February 2037 plus three (3) fifteen (15) year options to 2082
+ Australian Venue Co (AVC): Australia's fastest growing hotelier, with combined interest in over 210 hotels* and 933 liquor stores*
+ West End Tavern: featuring gaming lounge licensed for 34 gaming machines and extended trading hours
+ Investor preferred net lease terms with the tenant paying 100% of outgoings as per the lease
+ Favorable fixed 2.5% annual rent increases, ensuring rental growth
+ Perfectly positioned 268sqm* corner landholding with dual street frontage to Hindley Street and Gray Street, offering exposure to over 9,300 passing vehicles daily*
+ High-exposure site situated on ground floor of BreakFree Adelaide Hotel and opposite the University of South Australia, City West Campus. UNISA currently supports over 36,000 enrolled students*
+ Situated within 800m* of Rundle Mall, Adelaide's premiere retail hub anchored by national retailers Myer, Woolworths, and 1,000+ specialty retailers
+ Adelaide Growth Masterplan: the South Australian Government's 30 year vision to accommodate an additional 670,000 residents by 2051, building 315,000 new homes to support economic and population growth
+ Stamp duty free investment: no stamp duty payable on commercial property in South Australia
+ Net Income: $194,917 pa* + GST
For Sale by Investment Portfolio Auction 175
10.30am AEDT Wednesday 26 March 2025
River Room, Melbourne Crown Casino
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Contact Oliver Totani
Contact Oliver Totani
Oliver Totani
255 Hindley Street, Adelaide SA 5000
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Oliver Totani
255 Hindley Street, Adelaide SA 5000