Added today
1/448-452 Goodwood Road,
Cumberland Park, SA 5041
Offices • Shops & Retail • Medical & Consulting
Added today
Price information
Sale - Auction Wed 30 Oct
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1/448-452 Goodwood Road
Cumberland Park, SA 5041
Map of 1/448-452 Goodwood Road
Train stations within 5 km of 1/448-452 Goodwood Road, Cumberland Park, SA 5041 Distance Unley Park Station 987 m Millswood Station 1.6 km Clarence Park Station 1.6 km Mitcham Railway Station 1.7 km Emerson Station 1.7 km POWERED BY HERE ©Tram stops within 5 km of 1/448-452 Goodwood Road, Cumberland Park, SA 5041 Distance 5 Black Forest 2.3 km Stop 4 Forestville 2.4 km 7 Glandore 2.5 km Stop 3 Goodwood Rd 2.6 km 11 Plympton Park 3.9 km POWERED BY HERE ©Bus stops within 5 km of 1/448-452 Goodwood Road, Cumberland Park, SA 5041 Distance Stop 11 Goodwood Rd-East Side 135 m Stop 11 Goodwood Rd-West Side 187 m Stop 12 Goodwood Rd-West Side 371 m 13 Goodwood Rd - East Side 377 m Stop 14 Grange Rd-South Side 402 m POWERED BY HERE ©
POWERED BY HERE ©
Brand New 8 Year Lease to South Australian Government | Modern Building with Exposure
- New 2024 Construction with Depreciation
- Long 8 Year Lease + Option to 2036
- No Stamp Duty Payable in SA
Burgess Rawson, together with Knight Frank are delighted to present to market the brand-new South Australian Government leased office building located at 1/448-452 Goodwood Road, Cumberland Park SA for sale via Investment Portfolio Auction 172.
This prime investment has the following key highlights:
+ Brand new Eight (8) year lease to July 2032 plus options to 2036.
+ Minister of Infrastructure and Transport: Government body with an annual operating budget exceeding $1.1 billion with more than 3000 employees.**
+ New 2024 construction providing significant depreciation benefits.
+ Strategic 173sqm* corner building with quality fit-out, along inner-metro location, with 31,600* vehicles passing daily via Goodwood Road.***
+ Fixed 3% rent increases annually ensuring rental growth.
+ Situated within close proximity to Hungry Jack’s, Cumberland Park Woolworths and Big W, Castle Plaza Shopping Mall (Coles, Cellarbrations + 50 retailers), Mitcham Square Shopping Centre (Woolworths + 58 retailers) and only 4.5km* from the Adelaide CBD.
+ Cumberland Park: Affluent inner-metro Adelaide suburb, with a median house price of $1,253,750.****
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators.*****
+ Stamp Duty Free investment, no stamp duty payable in South Australia.
+ Net Income: $71,460 pa* + GST.
To be sold via upcoming Investment Portfolio Auction 172
at 10:30am, 30 October 2024
River Room, Crown Casino, Melbourne
Please contact the Burgess Rawson team for further information.
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
*Approx
**LinkedIn
***GapMaps
****Realestate.com.au
*****CommSec State of States Report
This prime investment has the following key highlights:
+ Brand new Eight (8) year lease to July 2032 plus options to 2036.
+ Minister of Infrastructure and Transport: Government body with an annual operating budget exceeding $1.1 billion with more than 3000 employees.**
+ New 2024 construction providing significant depreciation benefits.
+ Strategic 173sqm* corner building with quality fit-out, along inner-metro location, with 31,600* vehicles passing daily via Goodwood Road.***
+ Fixed 3% rent increases annually ensuring rental growth.
+ Situated within close proximity to Hungry Jack’s, Cumberland Park Woolworths and Big W, Castle Plaza Shopping Mall (Coles, Cellarbrations + 50 retailers), Mitcham Square Shopping Centre (Woolworths + 58 retailers) and only 4.5km* from the Adelaide CBD.
+ Cumberland Park: Affluent inner-metro Adelaide suburb, with a median house price of $1,253,750.****
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators.*****
+ Stamp Duty Free investment, no stamp duty payable in South Australia.
+ Net Income: $71,460 pa* + GST.
To be sold via upcoming Investment Portfolio Auction 172
at 10:30am, 30 October 2024
River Room, Crown Casino, Melbourne
Please contact the Burgess Rawson team for further information.
Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401
*Approx
***GapMaps
****Realestate.com.au
*****CommSec State of States Report
Property ID: 504701656Last Updated: 1 Oct 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Knight Frank - Adelaide (RLA 199257)Level 29, 91 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000