LJ Hooker Commercial Adelaide is proud to present to market for sale 99 Henley Beach Road, Mile End via an Expressions of Interest Campaign closing Friday 2nd August 2024 at 4:00 p.m.
A rare chance to secure a substantial gateway development site located on the prestigious Henley Beach Road in Mile End.
The property offers a secure holding income to long-term tenants with further development potential. A significant land holding of some 3,211 sqm held across four allotments and three Certificates of Title with expansive frontages to Henley Beach Road and Norma Street.
Situated in the thriving suburb of Mile End, this property benefits from its prime location near major transport routes and the bustling Adelaide CBD. Enjoy the convenience of being close to key amenities. Mile End is known for its vibrant community and dynamic commercial landscape. The surrounding area is home to several notable landmarks and institutions, adding value to the investment.
The site lends itself to developers, land bankers and savvy investors.
Key Selling Points:
- Significant land holding with significant frontages to Henley Beach Road and Norma Street.
- Urban Corridor (Main Street) zoning with development potential up to 4 storeys (STCC)
- Substantial existing improvements with refurbishment potential
- Four individual allotments across three Certificates of Title
- Exposure to 29,900 cars daily (Source: DPTI)
- Valuable income from long standing tenant
- Located 2km* west of the Adelaide CBD
- Zero Stamp Duty in South Australia
Offered via Expressions of Interest ending Friday 2nd August 2024 at 4:00 p.m.
For further information contact Mario Bonomi 0412 080 993 or Mark Tettis 0433 139 892
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015