Watch Watch
Back
×
+6 Photos
1 Hugh Cairns Avenue, Bedford Park, SA 5042

2. Property Highlights

A secure investment opportunity
  • Fully leased to Westpac
  • Office building with Childcare centre
  • Redevelopment potential up to 10 level

JLL and Leedwell are pleased to present 1 Hugh Cairns Avenue for sale by expression of interest. A secure investment opportunity fully leased to ASX-listed Westpac Banking Corporation. The property offers an opportunity to secure both a strong income stream and significant future repositioning and/or development potential. 

 

A modern two level campus style commercial office building with on-site car parking and a fully operational standalone Childcare centre.

 

Strategically located to capitalise on the substantial Government spend across the North-South Corridor, Flinders Link railway expansion, Tonsley Innovation District – along with being a short distance to the Flinders Medical Centre and Flinders University.

 

-         Superb office building of 5,874sqm* and childcare centre of 350sqm*

-         Huge site area of 28,500sqm* with 409 on site car parks.

-         Fully leased to Westpac until October 2025 with a net income of $1,950,789 p.a*

-         Secure cash flow with value add, repositioning, or redevelopment potential.

-         3.5 star NABERS rating

 

The property is offered for sale by expression of interest closing Wednesday 10 April 2024 at 4pm (ACST).

For more information or to arrange an inspection, please contact exclusive selling agents JLL & Leedwell.

 

*Approx

 

JLL RLA 1842

Leedwell RLA 222153

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

1 Hugh Cairns Avenue, Bedford Park, SA 5042

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Enquire