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Retail

68 Diagonal Road Somerton Park, SA 5044

Sold on 22 Nov 2024
  • Building: 275m²
  • Land: 784m²
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Retail in Somerton Park

High Profile Retail Investment - Asking Price of $1,100,000

  • Building: 275m²
  • Land: 784m²

RWC Adelaide are excited to bring to market a high quality retail leased investment with future development upside at 68 Diagonal Road, Somerton Park.

Located on the door step to some of Adelaide's best beaches, Somerton Park is a highly desirable suburb with a median house price in excess of $1,600,000.

The property is offered to market with existing income and the flexibility of redevelopment clauses allowing you the ability to purchase as an investment or look to plan a development whilst retaining income throughout. 68 Diagonal Road offers something for everyone and is highly recommended for your consideration.

RWC Adelaide would like to highlight the following key considerations:

  • High profile corner site of some 784sqm
  • Massive 22m frontage to Diagonal Road
  • Existing leases with redevelopment clauses
  • Zoned General Neighbourhood in the City of Holdfast Bay
  • No stamp duty applicable to the sale

68 Diagonal Road, Somerton Park is for sale via Private Treaty with an asking price of $1,100,000.

For further information please contact the exclusive selling agents from RWC Adelaide.

*Approximately

Building:

275m²

Land:

784m² / 0.19 acres

Tenancy:

Tenanted

68 Diagonal Road, Somerton Park, SA 5044