132 Grenfell Street is an iconic and prominent 5 level CBD building providing an ultra modern workplace behind the historic façade.
132 Grenfell Street is located at the 'epicentre' of the new heart of Adelaide. Overlooking the reinvigorated Hindmarsh Square and with the prestige of a Grenfell Street address, this is an outstanding location. Situated on the bustling "people's square" of Adelaide and amongst new developments including office buildings, hotels and high end residential apartments, this is a premium Adelaide address.
Nett Lettable Area: 3,155 sqm*
Total Site Area: 985 sqm*
Estimated net income, as at 1 April 2016: $1.106 million per annum.
100% leased to a diversified tenancy mix, including a 12 year lease to Bradford College, part of the Kaplan Group, occupying 68% of the building as their Adelaide headquarters. The tenancy regime includes some of the Adelaide CBD's most established and best restaurateurs.
For Sale by Expressions of Interest closing at 4pm Thursday 12 May 2016.
For further details or to arrange an inspection, please contact the joint selling agents.
*Approx
Lot/Plan No: F111799/A5