1105-1107 South Road, Melrose Park, SA 5039
OCCUIPY OR REDEVELOP (STCC) - SHOWROOM/STORAGE 293 M2* ON 1602 M2* LAND - 2 TITLES - HOLDING INCOME
EXPRESSION OF INTEREST CLOSING 4PM TUESDAY 14T DECEMBER 2021 (USB)
With a big frontage of just under 38m to South Road, this is the perfect development opportunity or use the existing improvements. Recently re roofed (approx 5 years ago), there is air conditioning, cyclone mesh fencing and ample hardstand. Currently leased on a monthly basis at a passing gross rental of $60,000 per annum (ex GST) offering excellent holding income whilst you prepare plans and seek approvals.
*All areas/dimensions approximate
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- Property ID: L16009614
- Property Type:Retail
- Building / Floor Area:293 sqm
- Land Area:1602 sqm
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