2-6 Sturt Reserve Road,
Murray Bridge, SA 5253
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Sale - Expression of Interest
$8,500,000
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JLL - Adelaide
25 Grenfell StreetADELAIDE, SA 5000
2-6 Sturt Reserve Road
Murray Bridge, SA 5253
Map of 2-6 Sturt Reserve Road
Train stations within 5 km of 2-6 Sturt Reserve Road, Murray Bridge, SA 5253 Distance Murray Bridge 640 m POWERED BY HERE ©Bus stops within 5 km of 2-6 Sturt Reserve Road, Murray Bridge, SA 5253 Distance Information Centre South Tce Murray Bridge sa 438 m POWERED BY HERE ©
POWERED BY HERE ©
Secure Murray Bridge Investment
- Passing net income of $607,241* pa
- Large corner land holding of 5,331*sqm
- Attractive WALE of 2.94 years by income
JLL and Raine and Horne are proud to present an exceptional investment opportunity in the heart of Murray Bridge.
The building was extensively refurbished in 2020 and boasts modern accommodation, including secure car parking and is occupied by a number of key tenants providing essential services for the region with the majority of the building occupied by government and medical tenants. The property has an attractive weighted average lease expiry (WALE) of 2.94 years (by income) and the expansive 5,331 square meter land holding on the corner of Sturt Reserve Road and Joseph Street further underpins the value of this investment. With no stamp duty payable on commercial transactions in South Australia, this property is a not-to-be-missed opportunity for investors.
The property is offered for sale. For more information or to arrange an inspection, please contact the exclusive selling agents at JLL and Raine and Horne.
We highlight the key features below:
· Passing net income of $607,241* pa
· Modern, high quality extensively refurbished building circa 2010
· Murray Bridge is poised to become SA’s largest regional city with $7.6 billion, mixed use development proposed at Gifford Hill
· Income under pinned by strong Government and Medical Occupiers
· Attractive WALE of 2.94 years (by income) with a strong tenant profile
· No stamp duty payable on commercial transactions in SA
· 5.5 NABERS
For more information or to arrange an inspection, please contact exclusive selling agents at JLL and Raine and Horne.
JLL RLA 1842
Raine and Horne RLA 145239
The building was extensively refurbished in 2020 and boasts modern accommodation, including secure car parking and is occupied by a number of key tenants providing essential services for the region with the majority of the building occupied by government and medical tenants. The property has an attractive weighted average lease expiry (WALE) of 2.94 years (by income) and the expansive 5,331 square meter land holding on the corner of Sturt Reserve Road and Joseph Street further underpins the value of this investment. With no stamp duty payable on commercial transactions in South Australia, this property is a not-to-be-missed opportunity for investors.
The property is offered for sale. For more information or to arrange an inspection, please contact the exclusive selling agents at JLL and Raine and Horne.
We highlight the key features below:
· Passing net income of $607,241* pa
· Modern, high quality extensively refurbished building circa 2010
· Murray Bridge is poised to become SA’s largest regional city with $7.6 billion, mixed use development proposed at Gifford Hill
· Income under pinned by strong Government and Medical Occupiers
· Attractive WALE of 2.94 years (by income) with a strong tenant profile
· No stamp duty payable on commercial transactions in SA
· 5.5 NABERS
For more information or to arrange an inspection, please contact exclusive selling agents at JLL and Raine and Horne.
JLL RLA 1842
Raine and Horne RLA 145239
Property ID: 504672492Last Updated: 14 Oct 2024
JLL - Adelaide 25 Grenfell Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Raine & Horne - (RLA145239) 4 Seventh Street
MURRAY BRIDGE, SA 5253
MURRAY BRIDGE, SA 5253