SOLD by Derek Blacker!! More properties Wanted
33 Farrow Circuit, Seaford, SA 5169
SOLD by Derek Blacker!! More properties Wanted
This leased investment property will be a valuable addition to your commercial property portfolio, or to start off your commercial property investing journey with 2 separate tenancies generating income.
The total NLA is approx. 812sqm with a land total of approx. 1,800sqm. This property is situated near Main South Road, Southern Express Way and Commerial Road and is zoned Strategic Employment on a Torrens Title. This a modern building in a growing area of Seaford which has tax depreciation benefits.
This property consists of a large warehouse with up to approx. 6m clearance, showroom/office space and a rear unit.
This property enjoys multiple electric roller doors, secure lock up with electric gates, spacious onsite car parking, multiple tenancies and a versatile floor plan. There is the opportunity to re lease rear unit or increase income (currently under let).
The first tenancy is currently leased until May 2023 has a total NLA of approx. 566sqm, which enjoys a secure lease to a publicly listed national tenant. The second tenancy is approx. 246sqm and is on a period lease, which enjoys the potential of an increased rental.
Get in touch today to discuss your requirements.
All enquiries or to arrange an inspection contact Derek Blacker on 0413 274 481 or derek.blacker@rhc.com.au
RLA 205498/236458