16 Bagot St, North Adelaide, SA

Blue-chip North Adelaide Opportunity

Blue-chip North Adelaide Opportunity

  • Cosmopolitan Location
  • Holding Income
  • Potential Redevelopment

Located in cosmopolitan North Adelaide, the site connects Kermode Street and Brougham Place in one of the most sought after precincts of this city-adjacent suburb. With walking distance to the CBD, Women’s & Children’s Hospital, Adelaide Oval, Riverbank Precinct and the high-street retail and restaurant strip of O’Connell Street, the site provides arguably one of Adelaide’s most exciting opportunities.

Neat-as-a pin strata building accommodating 6 individual units under the one ownership. Five of the units are currently leased providing valuable income.
Constructed over two levels and measuring 428sqm* in total, the building features 3 units on the ground and first floors respectively with unit 1 being allocated 3 car parking spaces and the remaining 5 units being allocated 2 car parking spaces each. The site has a large frontage to Bagot Street providing fantastic exposure to the street.
With a site measuring 895sqm*, relative zoning flexibility, further redevelopment options, subject to consent, ensure this is an opportunity not to be missed.
*Approx.

 

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