Highlights

Auction Location: 392 Prospect Road, Kilburn

LJ Hooker Commercial Adelaide is proud to present to the market, 392 Prospect Road, Kilburn for sale via Public Auction on-site, Tuesday 12th November 2024 at 11:00 a.m.

Discover Kilburn Village, a bustling retail and commercial center located in the heart of Kilburn, South Australia. This dynamic precinct offers an exceptional investment opportunity, serving a diverse and growing community while benefiting from high visibility and easy access. Positioned along the well-traveled Prospect Road, Kilburn Village combines convenience, established tenants, strong future growth potential and future development potential (STCC).

Kilburn Village features a mix of established tenants, ranging from retail stores to hospitality and essential services. With a well-balanced tenant mix, this center is designed to serve the local population's everyday needs, providing convenience and diversity in offerings.

Located on the corner of Prospect Road and Jersey Avenue with a total site area 1,836 sqm• spread across two allotments, the property offers solid holding income with significat reversion opportunities and potential for further development (STCC).

Key Selling Points:
• Complimentary tenancy mix
• Land area 1,836 sqm•
• Net Lettable Area 455 sqm•
• Long term tenants
• Value add opportunity
• Fantastic rental reversion opportunity
• Prime corner position with easy access
• On-site parking
• Zoned Suburban Activity Centre
• 32,100• cars passing daily
• Zero Stamp Duty in South Australia

Open inspection times:

06/11/2024 between 4:00 p.m. and 5:00 p.m.
12/11/2024 between 10:30 a.m. and 11:00 a.m. (prior to the auction)

For Sale via Public Auction on-site on the Tuesday 12th of November at 11:00 a.m.

For further information contact Mark Tettis 0433 139 892 or Charles Parletta 0412 825 186.

•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.

Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

RLA 231 015