201 O'Connell Street, NORTH ADELAIDE SA 5006

Extraordinary Investment Opportunity

House Sold - NORTH ADELAIDE SA

SOLD PRIOR TO AUCTION

We are excited to bring to the Stadium this rare investment opportunity, perfectly positioned in the heart of prestigious North Adelaide. Offering an unbeatable combination of character, space, and convenience. Just a short stroll to the vibrant O’Connell Street traders, where you’ll enjoy some of Adelaide’s finest eateries, boutique shopping, and an enviable cosmopolitan atmosphere right at your doorstep.

The property is perfectly located and set up as a rare investment opportunity holding 12 renovated units across 2 floors.This property previously was a commercial site with the ability (subject to council consent) to be reverted back, opening it to a variety of mix uses. 201 O’Connell sits on approximately 613 sqm with an 18.28m frontage.

PROPERTY HIGHLIGHTS
– Situated in the heart of North Adelaide
– 12 residential studios
– Sitting on approx. 613 sqm of land with an 18.28m approx. frontage
– Off street parking
– Solar PV system
– Highly sought after affordable fully furnished studios with utilities included
– Strategic Location: Situated in the bustling North Adelaide, providing excellent visibility and accessibility
– Potential Large Commercial Space (Subject to Council Consent): Ample square meterage, ideal for a variety of professional office uses or as a business hub
– Achieve immediate cash flow with existing tenants secured by lease agreements
– Excellent Return on Investment: Benefit from a strong rental income stream in a high-demand area
– Vibrant Business District: Surrounded by various amenities, including cafes, restaurants, shops, North Adelaide Aquatic Centre and public transport options

This is a rare opportunity to acquire a valuable property in a thriving location. For further details regarding lease agreements with current tenants and if you would like to arrange a private viewing, please contact us to coordinate a suitable time.

Don’t miss out on this exceptional opportunity

Contact Rachel Lawrie 0428 882 864
RLA 281212