Adelaide, 15 June 2015 – CBRE has been exclusively appointed to sell a recently refurbished commercial property in Norwood.
The 776sqm property, located at 36 Beulah Road, features two levels of renovated office space with recent facade, bathroom, and kitchen upgrades, ample on-site parking, high exposure to Beulah Road, and prominent eastern suburbs location.
William Brown and Ben Heritage of CBRE will be negotiating the sale via an Expressions of Interest campaign closing 4pm on the 29th June.
Mr Brown said, Norwood’s positioning as Adelaide’s premium commercial and retail precinct outside the CBD should contribute to a competitive sales campaign.
“This exclusive opportunity is in a proven commercial market, underpinned by the area’s strategic positioning only 4kms east of the CBD and popular amenities including restaurants, cafes, and retail outlets.”
“The property presents an ideal opportunity for owner occupiers and/or investors to gain a foothold within the tightly held eastern precinct, which currently offers very limited prospects of this caliber,” Mr Heritage added. For Australian/international news or global stories, follow us on Twitter. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.About CBRE Group, Inc.
