238 Unley Road, Unley, SA 5061

Presenting an exceptional investment opportunity in close proximity to Adelaide's CBD, positioned along one of Adelaide's emerging development and commercial roads. Located just metres from Unley Shopping Centre, the property sits within a tightly held precinct surrounded by quality businesses and established amenities.

Offering a highly convenient location with strong exposure and excellent connectivity, this is an outstanding opportunity for investors seeking a well-positioned asset in one of Adelaide's established inner-southern suburbs.

The property is leased by established tenant Sugarcoat Tanning Salon, with the rear portion of the property leased to a hairdresser as a subtenant.

• 251m2* site area
• 113m2* NLA
• 5.64 metre frontage to Unley Road
• Zoned Urban Corridor (Main Street) 
• Five (5) year lease term commenced 05.02.2024, expiring 04.02.2029
• Five (5) year renewal option
• Net rental of approximately $40,236.48 p.a. + GST + Outgoings
• Next CPI rental increase due February 2027
• Tenant pays all statutory outgoings, excluding Land Tax (current outgoings approx. $11,228.76 p.a.)
• Bank Guarantee held as security under the lease
• Well-presented and exceptionally well-maintained premises
• Rear courtyard
• Established head tenant - Sugarcoat Tanning Salon
• Rear portion occupied by hairdresser subtenant

GST free going concern, and there is NIL stamp duty payable on purchase of commercial property in SA.

FOR SALE BY PUBLIC AUCTION ON-SITE FRIDAY 16 OCTOBER 2026 AT 11:00am ACST unless sold prior.

If you would like any further information or to view the property, please contact the agent to arrange an inspection. (Inspection highly recommended) 

Michael Kourbelis 0452 239 633

* All areas/dimensions approximate

RLA 283100