12/108 King William Street

Adelaide SA 5000

Property Highlights:

Level 9
Occupying a full-floor layout, this level comprises four Community Titled lots leased to a single tenant utilising the entire floorplate.
Four Community Titles to the floor.
Gross passing income of $204,000
9B Approval for 268 students
Rare council approved light box to King William Street

Level 12
Comprising four Community Titled lots with five tenancies, Level 12 also features a valuable yard space that can be utilised as two exclusive car parks (STCC), adding significant convenience for tenants and an attractive feature for prospective tenants alike.
Tenancy 39B available for lease
Gross passing income of $96,561.60.

Key Points:

- Total NLA to each floor of 472 sqm*
- Gross floor plate 525 sqm*
- Lobby area of 53 sqm* to each floor
- Multiple tenancies to level 12, Reduces risk and enhances income potential
- Highly connected within walking distance of Rundle Mall and accessible bus and tram services
- Centrally located within the core business district along Pirie Street and Grenfell Street
- The building has had recent upgrades to the foyer and lifts
- Diverse income stream
- Rental upside through market review
- Strata managed
- No Stamp Duty in South Australia

For more information or to arrange an inspection please do not hesitate to contact Mark Tettis on 0433 139 892 or Mario Bonomi on 0412 080 993.

*Approximate

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

RLA 231 015