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326-328 The Parade, Kensington, SA, 5068

2. Property 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

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3. Property Location

326-328 The Parade, Kensington, SA, 5068

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4. Due Diligence

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