Asking Price Contact for pricing
Sq. Footage 145,314
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2006
Lot Size 5,333 HECTARES

Property Description

Long term lease to Adelaide University with potential value add opportunities. The Village comprises of a 405-bed student accommodation facility configured across 96 apartments exclusively leased to The University of Adelaide under a long term agreement. 

 

Located in the Adelaide CBD, the asset is situated within proximity to The University of Adelaide, University of South Australia, Flinders University City Campus, Torrens University, Adelaide Central Market, Chinatown, Rundle Mall and the Royal Adelaide Hospital.


This impressive property has a site area of over 5,333 sqm* and a gross building area in excess of 11,600 sqm*, with secure basement car parking for 76 cars.


For sale by Private Treaty.


*approx


JLL RLA1842

Investment Highlights


  • 100% leased to The University of Adelaide on 10+5+5+5 year lease commencing in 2014
  • Estimated net passing income of $3,535,274 pa*
  • Opportunity for future strata/community titling subject to usual consents


*approximate

Jamie Guerra
Jamie Guerra
Managing Director - SA
Roger Klem
Head of Sales & Investments - SA

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