Support Support
Your hub for guides, tutorials and product support
Support Support
Search
Back
Sold Check

326-328 The Parade, Kensington, SA, 5068

×
Sold Check
+2 Photos

326-328 The Parade, Kensington, SA, 5068

Kensington

SOLD
326-328 The Parade, Kensington, SA, 5068

326-328 The Parade, Kensington, SA, 5068

Properties / Sold / South Australia / Kensington
Development Potential
Property Type
Commercial
Sub Type
Office
Land Area
977 m² (*approx)
Zoning
BN
LGA
The City of Norwood Payneham and St Peters
Selling Method
SOLD: SOLD
Show All
Bespoke office with holding income
  • Open plan office of 344sqm*
  • Onsite parking for 10 vehicles
  • Valuable holding income

Presenting an exceptional eastern suburbs commercial office, 326-328 The Parade is underpinned by a significant 977 square metre* land holding. Architecturally designed, the open plan office of 344 square metres* (GBA) offers a versatile space ideal for owner occupiers looking to establish their business in the affluent eastern suburb of Kensington.

The property is offered with a short term 3 month lease to CSSP, with potential to extend on a monthly basis, providing valuable holding income for buyers. The tenant pays approximately $8,200 per month gross (plus GST).

Superbly located within walking distance of Norwood retail precinct, and Pembroke School, the property benefits from ease of access and connectivity to the surrounding road network. Positioned just 4 kilometres* from Adelaide CBD the property further offers dual access from The Parade and rear laneway and enjoys onsite car parking for approximately 10 vehicles.

Key features include:
• Onsite car parking for 10 vehicles*
• 977sqm* of land area
• Zoned Business Neighbourhood ideal for a range of uses
• Valuable holding income of $8,200 per month
• 344sqm* (GBA) of flexible building area
• Dual street access
• Future development potential (stnc)
• 4km* from Adelaide CBD
• 1km* from The Parade Norwood retail precinct

326-328 The Parade, Kensington is offered for sale by Expressions of Interest closing Thursday 24th November 2022 at 3:00pm (ACDT).

For further information, or to arrange an inspection, please contact the Colliers team.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

326 The Parade Development Site Summary

Property Type
Commercial
Sub-type
Office
Land Area
977 m² (*approx)
BN
The City of Norwood Payneham and St Peters
Selling method
SOLD: SOLD

Development Site Highlights

Bespoke office with holding income
  • Open plan office of 344sqm*
  • Onsite parking for 10 vehicles
  • Valuable holding income

Presenting an exceptional eastern suburbs commercial office, 326-328 The Parade is underpinned by a significant 977 square metre* land holding. Architecturally designed, the open plan office of 344 square metres* (GBA) offers a versatile space ideal for owner occupiers looking to establish their business in the affluent eastern suburb of Kensington.

The property is offered with a short term 3 month lease to CSSP, with potential to extend on a monthly basis, providing valuable holding income for buyers. The tenant pays approximately $8,200 per month gross (plus GST).

Superbly located within walking distance of Norwood retail precinct, and Pembroke School, the property benefits from ease of access and connectivity to the surrounding road network. Positioned just 4 kilometres* from Adelaide CBD the property further offers dual access from The Parade and rear laneway and enjoys onsite car parking for approximately 10 vehicles.

Key features include:
• Onsite car parking for 10 vehicles*
• 977sqm* of land area
• Zoned Business Neighbourhood ideal for a range of uses
• Valuable holding income of $8,200 per month
• 344sqm* (GBA) of flexible building area
• Dual street access
• Future development potential (stnc)
• 4km* from Adelaide CBD
• 1km* from The Parade Norwood retail precinct

326-328 The Parade, Kensington is offered for sale by Expressions of Interest closing Thursday 24th November 2022 at 3:00pm (ACDT).

For further information, or to arrange an inspection, please contact the Colliers team.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

326-328 The Parade, Kensington, SA, 5068

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: south australia
Indicative rate for south australia. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO south australia for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 326-328 The Parade, Kensington, SA, 5068

One moment please.

Retrieving map...

Due Diligence

Developments and amenities within a 5km radius of this Commercial opportunity at 326-328 The Parade, Kensington, SA, 5068.

Site Report Available

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

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report