An outstanding opportunity to acquire a perfect piece of Regency Park has now come to market. With a building of some 1,070sqm* on land of 2,678sqm* the property provides owner occupiers with that perfect combination of short-term income and long-term occupancy.

Leased until August 2024 plus 3, one-month rights of renewal, paying the equivalent of $128,460 pa it creates the opportunity to bank some income while you plan your new business address.

A functional office warehouse which has been the South Australian base of Cool Drive, a wholesaler of automotive parts. Cool Drive are moving to new facilities with the anticipated completion date of July 2024. The lease has been structured to provide Cool Drive with plenty of time to relocate and the one-month extensions are there, just in case.

The benefits of a Regency Park Location cannot be underestimated or replicated easily, in this current market. A significant shortage of industrial land combined with a significant shortage of warehouses to lease, has seen land values and rents rise significantly.

Be in control of your own destiny and buy your own property. When you outgrow it, keep it and turn it into a leased investment because benefits of a Regency Park location cannot be underestimated.

The property is for sale by private treaty and so don’t miss out. Please contact Kym Hutchins or Martin James for further details or to arrange an inspection.


RLA1842
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