289-291 Cross Road

Clarence Gardens SA 5039

Successfully Under Contract

A Bluechip investment opportunity securely leased and home to South Australia’s iconic and award-winning chocolate makers, Bracegirdle’s. A decade-long occupancy as Bracegirdle’s main headquarters and streamlined dessert production, administration and distribution, they are able to efficiently service their national demand as well as their own three dessert cafe locations in South Australia. This includes one onsite and two other thriving Bracegirdle cafe's in Blackwood and McLaren Vale.

Centrally located and just 500 metres from Adelaide’s North-South Transport Corridor (South Road), the property is well positioned on a 1080sqm* corner allotment which provides great access to the 15 onsite carparks plus street carparking on Ackland Avenue. The main building constructed in 1935 relishes in its magnificent english-tudor architecture catching the eyes of 24,500 drivers that pass everyday (DIT, 2021*). There is so much to list- best to make an appointment with Nic for a private walk-through today!

Lease Details:

- 7 Year Lease to 2031 (with a further option to renew)

- Long-standing SA iconic tenancy- Bracegirdle’s House of Fine Chocolate

- Net Rental $98,375.48 p.a. + GST

- Recoverable Outgoings include Council, ESL, Water, Build Insurance, Property Management & General Maintenance

- Re-purposed site and building to suit

Building Description: