838-842 South Road,
Edwardstown, SA 5039
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Map of 838-842 South Road
OUTSTANDING 5,209sqm SITE OVER 4 TITLES
838 842 SOUTH ROAD AND 4 6 CASTLE STREET, EDWARDSTOWN
High Profile corner locale comprising 5,209sqm over four titles with some 3,880sqm of Office/Showroom/Warehouse and Factory area, tenanted by the same Lessee for the previous 10 years and now committed to a further 4 years (2 + 2) as at 14th May, 2017.
Represents outstanding land bank for future development having a 50 metre frontage to South Road and a further 100 metre frontage to Castle Street, returning excellent holding income with quality tenant.
Buyers Note: Two leases (Lots 102, 103 and 104) under one lease and Lot 101 under second lease.
Facilities:
Outstanding medium/high clearance warehousing and factory areas, combined with ample modern showroom/offices with ample onsite car parking with some 26 plus onsite car parks.
Zoning:
Industry Zone Industry/Commerce Edwardstown Policy Area 5 - Precinct 4 Industry Interface (City of Marion).
Current Rent:
Lots 102, 103, 104 - $176,457 net per annum
Lot 101 - $47,320 net per annum (gross passing income approx. $264,000 per annum approx.)
Car Parking:
26 plus onsite car parks
General Commentary:
Perfectly located substantial holding, 15 minutes to CBD, airport and beach, ideal for future redevelopment outstanding opportunity to acquire over 4 titles.
High Profile corner locale comprising 5,209sqm over four titles with some 3,880sqm of Office/Showroom/Warehouse and Factory area, tenanted by the same Lessee for the previous 10 years and now committed to a further 4 years (2 + 2) as at 14th May, 2017.
Represents outstanding land bank for future development having a 50 metre frontage to South Road and a further 100 metre frontage to Castle Street, returning excellent holding income with quality tenant.
Buyers Note: Two leases (Lots 102, 103 and 104) under one lease and Lot 101 under second lease.
Facilities:
Outstanding medium/high clearance warehousing and factory areas, combined with ample modern showroom/offices with ample onsite car parking with some 26 plus onsite car parks.
Zoning:
Industry Zone Industry/Commerce Edwardstown Policy Area 5 - Precinct 4 Industry Interface (City of Marion).
Current Rent:
Lots 102, 103, 104 - $176,457 net per annum
Lot 101 - $47,320 net per annum (gross passing income approx. $264,000 per annum approx.)
Car Parking:
26 plus onsite car parks
General Commentary:
Perfectly located substantial holding, 15 minutes to CBD, airport and beach, ideal for future redevelopment outstanding opportunity to acquire over 4 titles.
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Property ID: 502385802Last Updated: 15 May 2023
04128182...
838-842 South Road
Edwardstown, SA 5039
Smallacombe Real Estate - Mitcham (RLA 1520)83 Belair Rd
KINGSWOOD, SA 5062
KINGSWOOD, SA 5062
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