SOLD by Derek Blacker!! More properties Wanted
This leased investment is within minutes of the Adelaide CBD and has a net rental return of $74,586 per annum with CPI increases up to 2024 and a lease renewal option of a further 3 years. This property will be a valuable addition to your commercial property portfolio, or to start off your commercial property investing journey.
This property has a total site area of approx. 697sqm and a NLA of approx. 670sqm which comprises of a showroom, office, w/c, offices and high clearance warehouse space. The front reception/showroom has is approx. 58sqm and enjoys a neat and modern space with ducted air conditioning, w/c and storeroom area.
The warehouse has a total area of approx. 275sqm and enjoys 6m high clearance ceilings, electric roller door access, and ducted and split-system air-conditioning throughout. The warehouse enjoys access to a full kitchen/lunchroom area of approx. 20sqm, bathroom with separate w/c and downstairs office spaces of approx. 34sqm.
Furthermore, this offering includes an upstairs mezzanine with enclosed offices and two open plan loft spaces which enjoy ample natural lighting, as well as led lighting throughout.
This investment is strategic to the major transport corridors of South Road and Greenhill Road and is situated just off Anzac Highway, surrounded by industrial properties with ample on street parking and is zoned Urban Corridor (Business). Features of this property include front car parking, great signage opportunity and easy access to major transport corridors and the Adelaide CBD.
Please follow the link for a video tour of the property: https://youtu.be/6EL8scVopGQ
Inspection is strictly by appointment only.
Get in touch to discuss your requirements or book and an inspection!
All enquiries or to arrange an inspection contact Derek Blacker on 0413 274 481 or derek.blacker@rhc.com.au
RLA 205498/236458