1 Hugh Cairns Avenue, Bedford Park_Property for Sale
1 Hugh Cairns Avenue, Bedford Park_Property for Sale
1 Hugh Cairns Avenue, Bedford Park, SA, 5042, AU

1 Hugh Cairns Avenue, Bedford Park

Asset Description

JLL and Leedwell are pleased to present 1 Hugh Cairns Avenue for sale by expression of interest. A secure investment opportunity fully leased to ASX-listed Westpac Banking Corporation. The property offers an opportunity to secure both a strong income stream and significant future repositioning and/or development potential. 

 

A modern two level campus style commercial office building with on-site car parking and a fully operational standalone Childcare centre.

 

Strategically located to capitalise on the substantial Government spend across the North-South Corridor, Flinders Link railway expansion, Tonsley Innovation District – along with being a short distance to the Flinders Medical Centre and Flinders University.


...

Attributes

Building area net
63,227 sf
Occupancy
100%
Land area gross
306,771.45 sf
Parking spaces
409

Media

Investment Highlights

 

-         Superb office building of 5,874sqm* and childcare centre of 350sqm*

-         Huge site area of 28,500sqm* with 409 on site car parks.

-         Fully leased to Westpac until October 2025 with a net income of $1,950,789 p.a*

-         Secure cash flow with value add, repositioning, or redevelopment potential.

-         3.5 star NABERS rating

 

The property is offered for sale by expression of interest closing Wednesday 10 April 2024 at 4pm (ACST).


For more information or to arrange an inspection, please contact exclusive selling agents JLL & Leedwell.

 

*Approx

 

JLL RLA 1842

Leedwell RLA 222153

1 Hugh Cairns Avenue, Bedford Park 4_Property for Sale
1 Hugh Cairns Avenue, Bedford Park 4_Property for Sale

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1 Hugh Cairns Avenue, Bedford Park (0 Properties)

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Last updated
20 Mar 2024