Expressions of interest
Cnr Hutt & Flinders Street,
Adelaide 5000, South Australia
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Property details
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Agents
300 Flinders Street | East End Office with Income, Upside & Owner Occupier Appeal
OPEN INSPECTION TUESDSAY 3RD NOVEMBER AND THURSDAY 5TH NOVEMBER AT 11AM
RWC Adelaide and RMC Real Estate are proud to jointly present for sale 300 Flinders Street, Adelaide SA.
Positioned on the high-profile corner of Flinders and Hutt Streets in Adelaide's East End, 300 Flinders Street offers investors secure, diversified income today with the opportunity to add value or occupy tomorrow.
Key property attributes:
• High-profile East End positioning on the corner of Flinders Street & Hutt Street
• Stand-alone four-storey office building offering 995sqm* NLA across four circa 300sqm* floorplates
• 25 on-site car parks, comprising 16 secure basement and 9 undercover bays
• NLA 100% Leased to five tenants across professional services and the not-for-profit sector
• Contracted rental growth via annual CPI reviews across four leases and fixed 3.5% reviews on Level 3
• 564sqm* allotment with dual street frontages of 33m* to Flinders Street and 17m* to Hutt Street
• Capital City zoning, with a preliminary concept for three additional residential levels above the existing building (stcc)
• Fully leased net estimated income of $300,740 per annum plus GST
• Moments from the Hutt Street dining precinct and the Adelaide Park Lands
• Opportunity to acquire at well below replacement value
• No stamp duty payable
300 Flinders Street, Adelaide is offered for sale by Best Offers closing Wednesday 25th at 4pm (ACDT).
For further information please contact the joint selling agents at RWC Adelaide and RMC Real Estate.
*Approximately
RWC Adelaide and RMC Real Estate are proud to jointly present for sale 300 Flinders Street, Adelaide SA.
Positioned on the high-profile corner of Flinders and Hutt Streets in Adelaide's East End, 300 Flinders Street offers investors secure, diversified income today with the opportunity to add value or occupy tomorrow.
Key property attributes:
• High-profile East End positioning on the corner of Flinders Street & Hutt Street
• Stand-alone four-storey office building offering 995sqm* NLA across four circa 300sqm* floorplates
• 25 on-site car parks, comprising 16 secure basement and 9 undercover bays
• NLA 100% Leased to five tenants across professional services and the not-for-profit sector
• Contracted rental growth via annual CPI reviews across four leases and fixed 3.5% reviews on Level 3
• 564sqm* allotment with dual street frontages of 33m* to Flinders Street and 17m* to Hutt Street
• Capital City zoning, with a preliminary concept for three additional residential levels above the existing building (stcc)
• Fully leased net estimated income of $300,740 per annum plus GST
• Moments from the Hutt Street dining precinct and the Adelaide Park Lands
• Opportunity to acquire at well below replacement value
• No stamp duty payable
300 Flinders Street, Adelaide is offered for sale by Best Offers closing Wednesday 25th at 4pm (ACDT).
For further information please contact the joint selling agents at RWC Adelaide and RMC Real Estate.
*Approximately
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Contact Oliver Totani
Contact Oliver Totani
Oliver Totani
Cnr Hutt & Flinders Street, Adelaide SA 5000
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Oliver Totani
Cnr Hutt & Flinders Street, Adelaide SA 5000