DG Real Estate
Call Us: 08 8231 3689
Based in Adelaide,
DG is a multicultural real estate agency established in 2009.
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115-117 Melbourne Street, North Adelaide

Expression of Interest
  • Property type: Retail
  • Floor Area: 244 sq metres
  • Zoning: City High Street
  • Land size: 334 sq metres
  • Listing type: For Sale
  • Tenancy: Vacant Posession

Solid Investment at Melbourne Street With Development Potential

Solid Investment at 115-117 Melbourne Street North Adelaide is now on the market for your offer. Within City High Street Policy Zone, the property has future development potential. Total annual rental income is around $81,000 plus GST plus outgoings (*see Note).

Shop 1: 115 Melbourne Street - Tenant: KHAYYAM Restaurant
KHAYYAM Restaurant is a Pakistani & Indian Cuisine.
Lease until 28 July 2023 plus 3 years extension option.

Shop 2: 117 Melbourne Street - Tenant: UR Café
UR Café is a famous Café operated since 2011 with many magazines' recommendations.
Lease until 23 March 2025 plus 5 years extension option.
Note: Shop 2 outgoings are paid by the landlord.

General Info:
Certificate of Title: CT 6106/714
Council: Adelaide City Council
Zone Policy: City High Street
Land Size: 334 Square Meters (approximately)
Building Size: 244 Square Meters (approximately)

Contact Richard 0433 519 023 for further information.

Location

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THANK YOU WILLIAM!

I would like to thank William on his hard work and professionalism in the sale of my home. William was always polite and respectful in dealing with my wife and I and gave us honest and valuable advice where needed. He worked tirelessly from morning til late at night and went above and beyond to make a stressful time in a our lives easy. I would highly recommend William to anyone selling their home.

- MICHAEL

Great Agent - Aditya

Thanks, Aditya for making the sale of our first home a success.

I would like to commend the exceptional, professional services delivered by Aditya Singh of DG Real estate. This was the first time I was selling a property. I was a bit concern about the selling process, however, all the process went smoothly with Aditya's coordinated planning. Aditya was the perfect choice of agent__honest, committed and always available. He did an outstanding job throughout the process. His Knowledge of property value, home staging, and internet marketing are unsurpassed.

Aman

- Aman
Athelstone

Thank you, Richard

My family and I would like to thank Richard for his excellent professionalism to sell our properties in Adelaide. We had no experience to sell a property before and had no idea what we had to do and how to do, more importantly, we are living in another city, thousands miles away from Adelaide. We must need a trust worthy person to have everything done properly for us. A close friend recommended Richard from DG real estate to us. Richard had sold his home a few months ago with an excellent outcome of price and service. We had a phone talk with Richard. We instantly liked him because of his knowledge and experience in the Adelaide real estate market, and also he understood our difficulties and concerns in our case. The property was finally only on the market for three weeks and sold before auction. Richard also helped us to finalize almost everything for the smooth settlement of the property. It’s our luck to utilise Richard’s service. So we are more than happy to recommend Richard to all of our friends when they sell their properties in Adelaide.

- Bob & Tina
Clapham

Thank you so so much!

Richard negotiated a sale price that exceeded expectations and after only one weekend on the market. Richard worked to accommodate my personal circumstances and when I was unsure about how to proceed, Richard listened to my concerns and was very patient, helpful and kind. I am really happy I sold with Richard Chiu at DG Real Estate.

- Jessica Kinloch
Seaton