The Freehold and Business Interest of the Iconic Watermark Glenelg.
* Exciting future development site in Adelaide's premium beachside precinct
* 8,395 sqm (approx) of prime development land with 3 street frontages
* Valuable frontage to Anzac Highway of 119 metres (approx)
* Close to CBD and Adelaide Airport
* Zoned Residential High Density (Urban Glenelg Policy Area 15) with potential for up 12 storeys
* Iconic hotel business on site with 40 gaming machines, outstanding dining facility, sports bar, drive-thru bottle shop, cocktail bar, beer garden and 15 room motel
* Substantial income from well established business
For sale by International Expressions of Interest closing at the office of McGees Property on Friday 9th June 2017 at 4.00 pm (ACST).
Information Memorandum and Expression of Interest document available on request.
Inspection by appointment with selling agent only.