Available
For Sale
  • Other
  • Student Rooms Gameau Road, Norman Street & Woodmere Avenue, Paradise, SA, 5075

    Unit 1/1/Norman Street, Paradise, South Australia 5075 Australia
    Available
    For Sale
  • Other
  • Student Rooms Gameau Road, Norman Street & Woodmere Avenue, Paradise, SA, 5075

    Unit 1/1/Norman Street, Paradise, South Australia 5075 Australia
    Building Size
    2,296 SQM
    Building Size
    2,296 SQM

    OVERVIEW

    Diversified Student Accommodation Portfolio

    The opportunity comprises a freehold interest in a quality stabilised 107 student room portfolio and the leasehold interest in a further 118 student rooms plus the business which manages the total 225 student rooms.


    With the portfolio generating 98.6% occupancy as at July 2025 and estimated NOI for CY2026 of $2.1m*, all assets are superbly located in close proximity to universities, public transport, retail services and recreational amenity.


    The offering provides the opportunity to implement systems and existing staff to grow the leased accommodation portfolio in response to the substantial undersupply of student accommodation beds across the booming Adelaide student market.


    *approx.

    - Adelaide Metro

    Details

    Building Size:
    2,296 SQM
    Sale Price:
    Contact us for pricing

    AVAILABILITIES

    LOCATION

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