High Profile Retail Investment - Asking Price of $1,100,000

RWC Adelaide are excited to bring to market a high quality retail leased investment with future development upside at 68 Diagonal Road, Somerton Park.

Located on the door step to some of Adelaide's best beaches, Somerton Park is a highly desirable suburb with a median house price in excess of $1,600,000.

The property is offered to market with existing income and the flexibility of redevelopment clauses allowing you the ability to purchase as an investment or look to plan a development whilst retaining income throughout. 68 Diagonal Road offers something for everyone and is highly recommended for your consideration.

RWC Adelaide would like to highlight the following key considerations:

• High profile corner site of some 784sqm
• Massive 22m frontage to Diagonal Road
• Existing leases with redevelopment clauses
• Zoned General Neighbourhood in the City of Holdfast Bay
• No stamp duty applicable to the sale

68 Diagonal Road, Somerton Park is for sale via Private Treaty with an asking price of $1,100,000.

For further information please contact the exclusive selling agents from RWC Adelaide.

*Approximately

Explore the area

View in Google Maps

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.