A very rare opportunity to purchase one of the most recognised corner locations in the inner south of Adelaide.

The property is located directly opposite the Main Entrance of the Wayville Showgrounds, on the corner of Goodwood Road and Young Street.

Wayville Showgrounds is South Australia’s largest and the leading multi-purpose venue. The Wayville showgrounds have recently undergone extensive upgrades providing state of the art facilities. The venue is the home of some of Adelaide’s biggest events including; Royal Show, Big Day Out, Caravan and Camping Expo, just to name a few.

With huge street presence, this property is located on a prime corner position in the inner south fringe precinct.

This standout opportunity offers:
- Fully leased investment.
- Leases expiring in 31/03/2014, 30/06/2016 and 31/08/2014 all with renewal options.
- Estimated Net income of $183,855 + GST.
- Site area of 2,365sqm approx.
- Substantial corner site with dual street frontage and access.
- Ample on-site parking.
- Perfect investment opportunity with future development upside.

Also available for sale are the adjoining properties of 49 Goodwood Road and 51 Goodwood Road, providing a total site area of 7,761sqm approx.

This is a very rare opportunity to purchase a key property in a very popular and tightly held location.

RLA 231015