457 Greenhill Road,
Tusmore, SA 5065
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Sale - Expression of Interest closing Thu 26 Sep
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Leedwell Property (RLA 222531) - ADELAIDE
Level 1, 16 Hutt StreetADELAIDE, SA 5000
457 Greenhill Road
Tusmore, SA 5065
Map of 457 Greenhill Road
Train stations within 5 km of 457 Greenhill Road, Tusmore, SA 5065 Distance Victoria Square Station 4.8 km POWERED BY HERE ©Tram stops within 5 km of 457 Greenhill Road, Tusmore, SA 5065 Distance Tram South Terrace 4.6 km City South 4.7 km Tram Victoria Square 4.9 km Tram Pirie St 4.9 km POWERED BY HERE ©Bus stops within 5 km of 457 Greenhill Road, Tusmore, SA 5065 Distance 14 Northumberland St - East Side 38 m 14 Devereux Rd - West Side 104 m 12 Greenhill Rd - North Side 104 m 13 Northumberland St - East Side 217 m Stop 12a Greenhill Rd-South Side 276 m POWERED BY HERE ©
POWERED BY HERE ©
Generational Leased Investment
- $117,000pa net rental
- Fully leased investment
- Two tenancies for diversity of income
Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area.
457 Greenhill Road, Tusmore the former home of Scarce Real Estate and now Magain Scarce Real Estate has been part of the fabric of Greenhill Road for some 40+ years. More recently, the premises has been split into two tenancies now accommodating a further tenant Property Inspections Australia.
This passive investment offers the following features:
- 610sqm* land area
- Fantastic main road frontage and presence
- Two tenancies comprising a total building area of 306sqm GLA
- Local Activity Centre zone
- Net Rental $117,290pa*
- Both tenants pay outgoings including property management, insurance and all utilities; (excluding land tax)
This investment property is one of four being offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.
* = approx
457 Greenhill Road, Tusmore the former home of Scarce Real Estate and now Magain Scarce Real Estate has been part of the fabric of Greenhill Road for some 40+ years. More recently, the premises has been split into two tenancies now accommodating a further tenant Property Inspections Australia.
This passive investment offers the following features:
- 610sqm* land area
- Fantastic main road frontage and presence
- Two tenancies comprising a total building area of 306sqm GLA
- Local Activity Centre zone
- Net Rental $117,290pa*
- Both tenants pay outgoings including property management, insurance and all utilities; (excluding land tax)
This investment property is one of four being offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.
* = approx
Property ID: 504671660Last Updated: 2 Sep 2024
Leedwell Property (RLA 222531) - ADELAIDELevel 1, 16 Hutt Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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