Shop 2, 160 Grote Street, Adelaide, SA 5000

- Prime corner property in Adelaide's prime Chinatown precinct 
- High-exposure ground floor retail suite 
- Approximately 104 square metres plus secure undercover car park 
- Long-term lease to Shibui Dessert Bar 
- Annual income of $62,700 per annum plus GST 
- Long-term rental upside with abundant surrounding development 
- At the base of a newly developed apartment building offering attractive depreciation benefits 
- No stamp duty on commercial property in South Australia 

Shop 2, 160 Grote Street is a superb opportunity to secure a fully-leased retail investment in one of Adelaide's most dynamic and rapidly developing pricincts. This prominent tenancy occupies a ground-floor position and enjoys excellent exposure to the popular Central Market and Chinatown precincts. 

The property offers a long-term lease to Shibui Dessert Bar, a well-established and popular local operator, providing immediate income security and fixed rental increases. Offering an versatile tenancy with a pristine restaurant fitout, an allocated undercover car park, and unbeatable positioning, this is an ideal addition to any investment portfolio.

For further information or to arrange an inspection of Shop 2, 160 Grote Street, Adelaide, please contact Saxon Smith of Higher Commercial (RLA 323 903).

Disclaimer: 
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903