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Cushman & Wakefield (RLA 315726) - Adelaide

248-262 Marion Road Netley, SA 5037

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248-262 Marion Road,
Netley, SA 5037

Warehouse, Factory & Industrial

Price information

Sale - Expression of Interest closing Tue 12 Nov

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Cushman & Wakefield (RLA 315726) - Adelaide
Jay Nash

Cushman & Wakefield (RLA 315726) - Adelaide

Level 1, 123 Pirie Street
ADELAIDE, SA 5000
Cushman & Wakefield (RLA 315726) - Adelaide
248-262 Marion Road
Netley, SA 5037

Map of 248-262 Marion Road

Directions
  • Train stations within 5 km of 248-262 Marion Road, Netley, SA 5037Distance
    The Overland2.9 km
    Great Southern2.9 km
    Adelaide Parklands Terminal3 km
    Adelaide Showground Station3 km
    Emerson Station3 km
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  • Tram stops within 5 km of 248-262 Marion Road, Netley, SA 5037Distance
    7 Glandore2.2 km
    5 Black Forest2.6 km
    11 Plympton Park2.7 km
    Stop 11 Plympton Park2.7 km
    Stop 4 Forestville2.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 248-262 Marion Road, Netley, SA 5037Distance
    8j Marion Rd - East Side271 m
    8k Marion Rd - East Side342 m
    8h Marion Rd - East Side374 m
    8b Galway Ave - South Side387 m
    10 Harvey Ave - North Side524 m
    POWERED BY HERE ©
POWERED BY HERE ©

MULTI-TENANTED INFILL INDUSTRIAL ASSET – MULTIPLE VALUE-ADD OPPORTUNITIES

  • High Profile Landholding
  • Development Potential
  • Premium Infill Precinct
Cushman & Wakefield Capital Markets Logistics & Industrial is pleased to offer for sale 248-262 Marion Road, Netley, South Australia.

A secure multi-tenanted investment with strong short-term rent reversion potential and immediate development capability, the property offers a rare opportunity to acquire a significant infill site in a premium inner south-west precinct neighbouring Adelaide International Airport.

Key Investment Highlights include:
• 3.9* hectare high profile corner site with extensive main road frontage of 161 metres*
• Premium Inner South-West infill location adjacent to Adelaide International Airport and only 5kms* from the CBD
• Net income of approximately $1.7m* with significant rental reversion upside (Estimated net market income of $2.6m*)
• Immediate development potential to the undeveloped area of approximately 6,400 sqm* to the rear of the site (STCA)
• Future redevelopment/repositioning opportunity for the site to a higher and better use (STCA)
• No stamp duty applicable for industrial property in South Australia


The property is being offered via an Expressions of Interest campaign closing 3pm (AEDT) Tuesday 12th November 2024.

For further information please contact the below exclusive marketing agents.

*approx
RLA 315726

Property ID: 504713200Last Updated: 21 Oct 2024

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