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2 Portrush Road, Payneham, SA 5070

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2 Portrush Road, Payneham, SA 5070

Payneham

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2 Portrush Road, Payneham, SA 5070
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2 Portrush Road, Payneham, SA 5070

2 Portrush Road, Payneham, SA 5070

Properties / Buy / South Australia / Payneham
Development Potential
Property Type
Commercial, Health/Medical
Sub Type
Office, Medical
Land Area
7,259 m² (*approx)
Zoning
Housing Diversity Neighbourhood
LGA
The City of Norwood Payneham and St Peters
Selling Method
EOI: Contact listing agent
DOCUMENTS AVAILABLE
Request Access
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Dominant Land Holding with Income
  • 7,259sqm land holding
  • Building area of 3,954sqm
  • 154 on site car parks

RWC Adelaide are proud to present to market 2 Portrush Road, Payneham.

Ideally located in the heart of Adelaide's eastern suburbs, 2 Portrush Road offers a once in a generation opportunity to acquire a dominant land holding with strong existing cash flow. The property is set on some 7,259sqm and is currently configured with 3,954sqm of improvements across a range of tenants. It is easy to see why Wellington Centre has always been a popular home for eastern suburbs business thanks to the fantastic location and 154 on site car parks.

For groups looking to the future development potential of the site the property benefits from the highly flexible Housing Diversity Neighbourhood zoning in the city of Norwood Payneham & St Peters. With frontages to Portrush Road, Payneham Road as well as Henry Street there is a wide range of future outcomes which could be achieved on site (STCC).

RWC Adelaide highlight the below key investment features:

• Significant inner eastern land holding of 7,259sqm*

• Estimated net passing income of $802,103 p/a with room for growth

• Gross lettable area of 3,954sqm*

• Strong tenant demand with central location and 154 on site car parks

• Zoned Housing Diversity Neighbourhood in the City of Norwood, Payneham & St Peters

• Diverse tenant profile today including Fresenius Medical Centre

• NABERS Rating - not disclosure affected

2 Portrush Road, Payneham is offered for sale via Expressions of Interest closing Thursday the 11th of June at 4pm.

Remember to mention you found this property on DevelopmentReady

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Dataroom
Development Potential

2 Portrush Road Development Site Summary

Property Type
Commercial, Health/Medical
Sub-type
Office, Medical
Land Area
7,259 m² (*approx)
Zoning
Housing Diversity Neighbourhood
LGA
The City of Norwood Payneham and St Peters
Selling method
EOI: Contact listing agent
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

Dominant Land Holding with Income
  • 7,259sqm land holding
  • Building area of 3,954sqm
  • 154 on site car parks

RWC Adelaide are proud to present to market 2 Portrush Road, Payneham.

Ideally located in the heart of Adelaide's eastern suburbs, 2 Portrush Road offers a once in a generation opportunity to acquire a dominant land holding with strong existing cash flow. The property is set on some 7,259sqm and is currently configured with 3,954sqm of improvements across a range of tenants. It is easy to see why Wellington Centre has always been a popular home for eastern suburbs business thanks to the fantastic location and 154 on site car parks.

For groups looking to the future development potential of the site the property benefits from the highly flexible Housing Diversity Neighbourhood zoning in the city of Norwood Payneham & St Peters. With frontages to Portrush Road, Payneham Road as well as Henry Street there is a wide range of future outcomes which could be achieved on site (STCC).

RWC Adelaide highlight the below key investment features:

• Significant inner eastern land holding of 7,259sqm*

• Estimated net passing income of $802,103 p/a with room for growth

• Gross lettable area of 3,954sqm*

• Strong tenant demand with central location and 154 on site car parks

• Zoned Housing Diversity Neighbourhood in the City of Norwood, Payneham & St Peters

• Diverse tenant profile today including Fresenius Medical Centre

• NABERS Rating - not disclosure affected

2 Portrush Road, Payneham is offered for sale via Expressions of Interest closing Thursday the 11th of June at 4pm.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
Jack Dyson
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Harry Einarson
Harry Einarson
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Jack Dyson
Jack Dyson
+61 *** *** *** show +61 448 685 593
Message Message
+61 448 685 593 [email protected] Message
Harry Einarson
Harry Einarson
+61 *** *** *** show +61 421 747 442
Message Message
+61 421 747 442 [email protected] Message
Oliver Totani
Oliver Totani
+61 *** *** *** show +61 412 808 743
Message Message
+61 412 808 743 [email protected] Message

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2 Portrush Road, Payneham, SA 5070 Payneham
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RWC Adelaide
RWC Adelaide
Level 1, 2 Ebenezer Place Adelaidee SA 5000 Australia
Jack Dyson
Jack Dyson
+61 *** *** *** show +61 448 685 593
Harry Einarson
Harry Einarson
+61 *** *** *** show +61 421 747 442
Oliver Totani
Oliver Totani
+61 *** *** *** show +61 412 808 743
Enquire