77 Frederick Street, Welland, SA 5007

SOLD by Derek Blacker!! More properties Wanted Conveniently located within minutes of the Adelaide CBD, this expansive and multi-purpose property boasts a rare opportunity, with both industrial and residential opportunity. This property has a total NLA of approx. 918sqm situated on a total land size of approx. 1,540sqm and is configured into front showroom, expansive warehousing, kitchen, office, storage, w/c and upstairs residence which comprises 3 bedrooms (or additional offices), and a dining room. This property has a current gross holding income of approx. $48,681 p.a (incl GST and outgoings), which is generated from short term leases. There is also an additional tenancy that is available for occupation by the purchaser or alternatively could be leased and generate a significant addition to the income through a council approved upstairs residence. This space enjoys 3 bedrooms, dining room, 2 w/c and entertainment deck. For Sale by Public Auction to be held on Thursday the 29th of September 2022 at 11am, Onsite (USB) Get in touch to book and inspection or register your interest! Contact Derek Blacker on 0413 274 481 RLA 205498/236457