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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
275m²
784m² / 0.19 acres
Tenanted