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Edwardstown 838-842 South Road

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  • 838-842 South Road Edwardstown SA
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FOR SALE - OUTSTANDING 5,209sqm SITE OVER 4 TITLES

838 – 842 SOUTH ROAD AND 4 – 6 CASTLE STREET, EDWARDSTOWN

High Profile corner locale comprising 5,209sqm over four titles with some 3,880sqm of Office/Showroom/Warehouse and Factory area, tenanted by the same Lessee for the previous 10 years and now committed to a further 4 years (2 + 2) as at 14th May, 2017.

Represents outstanding land bank for future development having a 50 metre frontage to South Road and a further 100 metre frontage to Castle Street, returning excellent holding income with quality tenant.

Buyers Note: Two leases (Lots 102, 103 and 104) under one lease and Lot 101 under second lease.

Facilities:
Outstanding medium/high clearance warehousing and factory areas, combined with ample modern showroom/offices with ample onsite car parking with some 26 plus onsite car parks.

Zoning:
Industry Zone – Industry/Commerce Edwardstown Policy Area 5 - Precinct 4 Industry Interface” (City of Marion).

Current Rent:
Lots 102, 103, 104 - $176,457 net per annum
Lot 101 - $47,320 net per annum (gross passing income approx. $264,000 per annum approx.)

Car Parking:
26 plus onsite car parks

General Commentary:
Perfectly located substantial holding, 15 minutes to CBD, airport and beach, ideal for future redevelopment – outstanding opportunity to acquire over 4 titles.

Open for Inspection
By Appointment


Land Area 5,209 sqm

Sales Agents for this property:

Smallacombe Real Estate
Mitcham - RLA 1520

Find an Office

map-icon Smallacombe Real Estate Mitcham Office 85 Belair Rd, Kingswood 5062
Mitcham Office P: 08 8271 4177 Rental: 08 8274 8777
RLA 1520 Email Us

map-icon Smallacombe Sanderson Norwood Office 44 Fullarton Rd, Norwood 5067
Norwood Office P: 08 8130 1400
RLA 43473 Email Us

map-icon Smallacombe Crosby Burnside Office 409 Portrush Rd, Toorak Gardens 5065
Burnside Office P: 08 8333 9500
RLA 266135 Email Us

 

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