Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Highly coveted retail strip in Adelaide’s East hits the market for first time in 50 years

Jessica Freeman • 02/05/2022

300-308 Greenhill Road, Glenside

Adelaide’s eastern suburbs continue to be home to the most tightly held real estate in South Australia with the combination of its leafy streets, high value housing and fantastic residential amenity ensuring the area remains extremely sought after.

Offered for the first time in over 50 years, 300-308 Greenhill Road, Glenside comprises an exceptional main road retail property situated in the heart of Adelaide’s prized eastern suburbs.

Situated on a prime corner site of 965* square metres, and boasting net income of $156,324 per annum, the single storey row of strip shops provides purchasers with a strong income stream whilst being underpinned by its high land value and future development potential.

For sale through Jed Harley and Hamish Crouch of Cushman & Wakefield, the property is fully leased to a diverse mix of tenants, offering astute investors the rare opportunity to acquire a land rich investment in one of the most tightly held precincts in the metropolitan area.

According to Jed Harley, “Opportunities of this calibre are rarely available in the inner east, with properties typically held in the same ownership for generations”.

300-308 Greenhill Road is situated less than 3 kilometres from the CBD, 500 metres from Burnside Village shopping centre, and is a short drive from The Parade, Norwood and the fringe office precincts of Greenhill Road and Fullarton Road

Hamish Crouch said “The property comprises eight tenancies leased to six tenants on varying lease terms, all with redevelopment clauses in their leases. All are structured on a net basis with property outgoings recoverable except for Land Tax”.

300-308 Greenhill Road, Glenside is being offered for sale by public auction to be held onsite on Tuesday 31st May 2022 at 10am.

How can we help?

Get in touch with one of our professionals.

Recent Media Releases

Australia’s resources capital sees home of WA Government hit the market

The mining, gas and oil industries of the West Coast are roaring ahead, as state borders re-open and investors flock to the resources capital of Australia, in a bid to secure a safe haven asset with strong lease covenants.

Jessica Freeman • 04/05/2022

77 Grenfell
Adelaide CBD yields continue to show value as interstate and offshore buyers flock to City of Churches

As the City of Churches powers ahead in its post-pandemic recovery, Adelaide has become the focus of strong interest from local, national and offshore investors.

Jessica Freeman • 03/05/2022

468 St Kilda Road, Melbourne
Jenny Craig weighs in on St Kilda Road premises

Jenny Craig has leased a 699sqm office on Level 1, 468 St Kilda Road, Melbourne from Australian Unity Investment Management Administration Pty Ltd paying $375 per sqm net under a six year lease.

Jessica Freeman • 03/05/2022

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All