289-291 Cross Rd, Clarence Gardens. Pic: realcommercial.com.au
It’s been the headquarters of award-winning SA chocolate brand Bracegirdle’s for well over a decade.
But now, the iconic Swiss-chalet-style building at 289-291 Cross Rd, Clarence Gardens, could be yours for the taking, with the landmark property offered to the market for $1.8m.
Leased to the chocolatier until 2031, the 1935-built property promises a net annual rental return of $98,375.48, making it a profitable deal for investors, according to selling agent Nick Mastrangelo of Mastracorp Real Estate.
“The tenants just signed a seven-year lease, so the value of the property is very much…