132 Sherriffs Road, Morphett Vale, SA 5162

Retail | Showrooms

Sold

Sold

  • Property ID: 440595
  • Floor Area: 361m²
  • Land Area: 1490m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 18/03/2024 361m2 1490m2 Contact Agent
EXCEPTIONAL FULLY LEASED INVESTMENT - GREAT EXPOSURE, GREAT LOCATION - QUALITY NATIONAL TENANT - BOB JANE T-MARTS

Raine & Horne Commercial are pleased to present to the market 132 Sherriffs Road, Morphett Vale for sale by Expressions of Interest closing 4.00pm Thursday 29th February 2024

Located on busy Sherriffs Road on a commanding site of approximately 1,490 square metres this prime asset is leased to a well-established and secure national tenant.

With improvements of approximately 361 square metres consisting of a showroom and three fitting bays along with storage facilities. Featuring great exposure to Sherriffs Road Morphett Vale with approximately 19800* vehicles passing daily (DPTI Traffic Volume Data).


Key features include:

• Frontage to Sherriffs Road of almost 20 m
• Approx 1,490 m2 land
• Improvements of approx. 361 m2
• Long established National tenant
• Good on-site parking
• Flexible Zoning
• Lease commenced June 2000
• Current term expires 1st June 2026
• One further right of renewal of 5 years to 2031
• Annual reviews to CPI
• Outgoings (Council Rates, SA water rates, Emergency Services Levy) paid by lessee.

(Rental available on request)

Inspections strictly by appointment with the selling agent

All areas/dimensions approximate
RLA 205498

Morphett Vale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2338 --- ---
Retail $3047 --- ---
Industrial $1285 --- ---
This is the average advertised price, rent and yield for Morphett Vale, SA 5162*

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:

  • 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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