1055 South Road, Melrose Park, SA 5039

Industrial | Showrooms | Offices

For Sale Refer Agent for Pricing

  • Property ID: 391813
  • Floor Area: 293m²
  • Land Area: 293m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Fully leased investment that ticks all the boxes!!

This fully leased investment property will be a valuable addition to your commercial property portfolio, or to start off your commercial property investing journey.

The property has a new 5 + 5 year lease commenced 1st May 2021 with net income of approx. $60,000 per annum plus GST and outgoings payable in addition to the rental by the lessee. A gold standard investment with generous returns!

The property features a fabulous open plan showroom with large display windows facing the main transport corridor of South Road. The 27m frontage to South Road is exposed to up to approx. 50,000 passing vehicles daily (traffic numbers from DPTI)

The property has recently been upgraded with new male and female bathrooms (male with shower), fresh paint inside and out, and new quality flooring giving the property a sharp and modern presentation.

There is a total net lettable area of approx. 293sqm and the property enjoys a valuable corner location, with both street and onsite car parking.

With the South Road tunnel upgrade now going ahead (subject to government policy) now is the time to invest in the inner south!

Surrounded by well established businesses along South Road, this property enjoys large numbers of drive by traffic and is in the company of many other quality businesses and service providers.

Please contact today to find out more.

Contact Derek Blacker on 0413 274 481 or derek.blacker@rhc.com.au
RLA 205498/236457

Melrose Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $252 ---
Offices $3413 $252 7.39%
Industrial $3413 --- ---
This is the average advertised price, rent and yield for Melrose Park, SA 5039*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in SA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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