This is a great opportunity to secure a high returning industrial warehouse and office in the inner south placed on a land holding of approximately 2,192sqm.
The facilities themselves are excellent. Its features include high clearance ceilings in the air- conditioned warehousing. The total NLA of this property is approximately 1,455sqm with provision for extraction if required and a substantial 3 phase power supply. Access to the property can be achieved via the properties unique 3 street frontage to South Road, Gumbowie Avenue and can also be accessed through a roller door on the convenient side road. Additionally, benefits include a secure gated yard, electric roller doors throughout, large amounts of office space, reception areas, M/F bathrooms, lunch room facilities and data cabling. Located on South Road, transport logistics are within easy access of many of Adelaide’s main transport corridors.
The facilities space is currently divided into 4 separately leased areas providing the purchaser with a diverse income stream but the option to open a huge clear span industrial area to meet future needs remains open. The current tenancies achieve a significant annual net income, with a future upside from the vacant 259sqm tenancy. This level of income makes this a valuable property and it is sure to gain large amounts of interest from both investors and owner-occupiers alike.
Expressions of Interest for this facility are closing on the 13th of May 2021 at 4pm unless sold prior. Register your interest to ensure that you don’t miss this opportunity.
Contact Derek Blacker on 0413 274 481 or at [email protected]