248-262 Marion Road,
Netley, SA 5037
Warehouse, Factory & Industrial
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Sale - Expression of Interest
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Cushman & Wakefield - Melbourne
Level 9, 385 Bourke StreetMELBOURNE, VIC 3000
248-262 Marion Road
Netley, SA 5037
Map of 248-262 Marion Road
Train stations within 5 km of 248-262 Marion Road, Netley, SA 5037 Distance The Overland 2.9 km Great Southern 2.9 km Adelaide Parklands Terminal 3 km Adelaide Showground Station 3 km Emerson Station 3 km POWERED BY HERE ©Tram stops within 5 km of 248-262 Marion Road, Netley, SA 5037 Distance 7 Glandore 2.2 km 5 Black Forest 2.5 km Stop 11 Plympton Park 2.6 km 11 Plympton Park 2.7 km Stop 4 Forestville 2.9 km POWERED BY HERE ©Bus stops within 5 km of 248-262 Marion Road, Netley, SA 5037 Distance 8j Marion Rd - East Side 271 m 8k Marion Rd - East Side 342 m 8h Marion Rd - East Side 374 m 8b Galway Ave - South Side 387 m 10 Harvey Ave - North Side 524 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
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
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Cushman & Wakefield (RLA 315726) - AdelaideLevel 1, 123 Pirie Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000