Affordable Retail Investment Opportunity
McGees Property is pleased to present to market Shop 4, 160 Grote Street, Adelaide. An entry-level retail investment opportunity within a newly constructed apartment complex, offering a secure income stream in the heart of the Adelaide CBD.
- Premium ground floor retail premises of 64 sqm*
- Current net income of $35,600 per annum*
- Securely leased until April 2028
- Newly constructed building offering attractive depreciation benefits
- Steps from Adelaide Central Market, Victoria Square, and Chinatown
- No stamp duty or GST payable
For Sale with an Asking Price of $625,000
For further information or to arrange an inspection of Shop 4/160 Grote Street, Adelaide, please contact the appointed agents.
RLA 1722
(*approx.)
Key highlights
- Ground floor retail premises of 64 sqm*
- Current net income of $35,600 per annum*
- Steps from Victoria Square & Chinatown
