22 Edison Drive, Golden Grove, SA 5125

Industrial

For Sale Contact Agent

Expressions Of Interest

  • Property ID: 442371
  • Floor Area: 297m²
  • Land Area: 888m²
  • Occupancy: Tenanted
HIGH QUALITY LOW MAINTENANCE INVESTMENT

Raine & Horne Commercial are pleased to present to the market 22 Edison Drive, Golden Grove for sale by Expression of Interest.

Located in a tightly held industrial precinct of Golden Grove this opportunity provides a low maintenance investment with future opportunity to occupy.

The property is current leased at a net rental of $32,760 plus GST until 31st December 2026 with one further right of renewal of 3 years and with annual 5% rent increases.

Key Features Include
- Land Area 888m2*
- Quality Workshop/Office 297m2*
- 4 Roller Doors into Workshop
- Near New Evap Air Con in Workshop
- 3 Phase Power
- Solar System
- Secure & Fully fenced
- Ample Hardstand & Parking
- Zoned Employment by City of Tea Tree Gully


For Sale by Expression of Interest closing Thursday 18th April 2024 at 12pm (Unless Sold Prior)
PRICE GUIDE - In excess of $720,000


Daniel Romeo 0413 383 370
RLA 205498
*Approximately

Golden Grove Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4341 --- ---
Offices --- $80 ---
Industrial $2211 --- ---
This is the average advertised price, rent and yield for Golden Grove, SA 5125*

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.
Floorplans

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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