Ready to go office space for sale in Adelaides inner west
Ready-to-go office space for sale in Adelaide’s inner west
| 12 February 2019
The Muscular Dystrophy Association of South Australia has listed its Mile End headquarters for sale, offering potential buyers a flexible mixed-use opportunity.
The not-for-profit association is currently using the 736sqm property as office accommodation, however, its Urban Corridor zoning allows for mixed-residential development of the asset up to six storeys.
The 36-38 Henley Beach Road property offers prominent branding opportunities, with over 12m of roadside frontage and exposure to over 20,000 vehicles per day.
Mr Looker said the property was in excellent condition and had the potential to be a highly productive space for a range of uses.
“With 414sqm of office space and a 176sqm basement, this is an opportunity to create a fun, contemporary space – suitable for a variety of potential buyers,” Mr Looker said.
“The Mile End area is beginning to see increased activity as investors realise its untapped value after flying under the radar in recent years.”
“Located not five minutes from the CBD and with zoning permitting development up to six storeys, it won’t be long before groups look to capitalise on the opportunities this site offers.”
Mr Looker added; “The short-term leaseback offers capital return without having to exit any leases or relocation.”
The property is for sale via an Expressions of Interest campaign, closing February 28, 4:00pm (ACDT).
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