1105-1107 South Road, Melrose Park, SA 5039

Retail | Showrooms | Development/Land

Sold Contact Agent

Sold

  • Property ID: 402673
  • Floor Area: 293m²
  • Land Area: 1602m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 293m2 1602m2 Contact Agent
OCCUIPY OR REDEVELOP (STCC) - SHOWROOM/STORAGE 293 M2* ON 1602 M2* LAND - 2 TITLES - HOLDING INCOME

EXPRESSION OF INTEREST CLOSING 4PM TUESDAY 14T DECEMBER 2021 (USB)

With a big frontage of just under 38m to South Road, this is the perfect development opportunity or use the existing improvements. Recently re roofed (approx 5 years ago), there is air conditioning, cyclone mesh fencing and ample hardstand. Currently leased on a monthly basis at a passing gross rental of $60,000 per annum (ex GST) offering excellent holding income whilst you prepare plans and seek approvals.
*All areas/dimensions approximate
RLA 205498

Melrose Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $176 ---
Offices --- $176 ---
Retail --- $227 ---
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 Retail 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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