,NORTH ADELAIDE

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For sale

$450,000 + SAV ($100,000 approx.)

Foodworks Supermarket

Property ID: 9331593

Foodworks North Adelaide is located on O’Connell Street, North Adelaide positioned neatly between two pubs and across from the iconic Bakery on O’Connell. The store has been operating for some 40 years as a supermarket and has seen some changes recently to add a Barbershop and Pasta Go Go as sub-tenants to the front facade of the shop.

Inside you will find a unique retail mix consisting of a supermarket, fruit & veg, butcher, deli, hardware, florist and gifts. The store presents very neatly and covers all those convenience needs. The store location is on the outbound side of O’Connell Street and boasts 30 car parks for its customers. There is certainly room for growth and development within the store and its categories.

At a glance:

- Trading for 40 years

- Front tenancies sub-let to two businesses

- Supermarket lines, fruit & veg, butcher, deli, hardware, florist and gifts

- 30 carparks

- Sales of $2.5 million in 2016/17

Tony Iasiello 0412 217 608

TenantedNo

Print brochure

Subject: NORTH ADELAIDE

Business Sales

http://www.raineandhorne.com.au/rhbussal

Phone 08 8361 3074
Fax 08 8361 3075


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Tony Iasiello

0412 217 608

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David Hutchinson

0414 440 953

www.mapsembed.com

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R&H Suburb Profile: North Adelaide

R&H Suburb SummaryHouses
Number of sales 54
Average Price $980,129
Median Price $1,042,500
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 1 %
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Average Price $546,490
Median Price $535,000
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