19-29 Glynburn Rd, Glynde, SA 5070

For sale

Price Upon Application

SUBSTANTIAL LAND HOLDING OF 7428 m2* FRONTAGE TO GLYNBURN ROAD OF 110 M* - O...

SUBSTANTIAL LAND HOLDING OF 7428 m2* – FRONTAGE TO GLYNBURN ROAD OF 110 M* – ONCE IN A GENERATION OPPORTUNITYHELD BY THE SAME OWNERS FOR OVER 65 YEARS – 5 TITLESEXCELLENT HOLDING INCOMEMULTIPLE TENANCIESRARE OPPORTUNITY TO LANDBANK OR REDEVELOP (STCC)

This property combines a great tenancy mix with long term upside. Perfect to landbank, the current approximate net passing rental is $330,806.24 per annum.

The current improvements comprise the following:

29 Glynburn Road

6 x Warehouse units, good concrete hardstand and carparking.

25 Glynburn Road

Modern, Tilt concrete warehouse/showroom leased to Laurence & Hanson

19 Glynburn Road

Converted dwelling and garaging Leased to Mind Australia

The site could also be used for a variety of uses (subject to usual consents) or enhance the existing improvements.

All areas/dimensions are approximate

RLA 205498 & 166790

Property Info:

  • Property ID: 19670076
  • Land Area: 7428.0 sqm
  • 19-29 Glynburn Rd, Glynde,
    South Australia, 5070