This article is from the Australian Property Journal archive
A GLENELG corner property investment of 625 sqm currently tenanted by a physio and allied health services provider has sold at auction for $1.46 million, more than $500,000 above expectations.
Commercial SA’s Evan Florinis and Matt King marketed 18 Partridge Street, and quoted a figure of in “excess of $950,000” in the campaign material.
On the corner of High Street, the property has a 251 sqm building and currently returns $56,820 per annum.
It is a short distance from the intersection of Brighton Road and Jetty Road.
Australian Property Journal