615 Marion Road, South Plympton, SA 5038

266sqm

Sold

GREAT INVESTMENT OPPORTUNITY SHOP AND PETFOOD PROCESSING FACILITY 266m2*

Raine & Horne Commercial SA are proud to offer for sale this opportunity in Adelaide's inner south-west. The property is described as Unit 5 in Strata Plan 3011. The property is being offered subject to an existing lease expiring 31st July 2023 with one further right of renewal of 2 years. The current annual rental is $29,500 per annum plus outgoings and GST. LOCATION: The property is located approximately 7km (as the crow flies) from the Adelaide CBD and enjoys great exposure to Marion Road. There is ample on street parking and a solid tenancy mix adjacent the property. IMPROVEMENTS: The property comprises 266m2 approx with shopfront, work/processing areas with floor drainage, grease trap, Coolrooms, freezer/s, storage room (currently occupied by drier), 3 phase power, amenities and rear car parking. Perfect for investors or eventual owner occupiers. THE LEASE
• 2+1+2 years commencing 1st August 2020
• Current rental $29,500 per annum plus outgoings and GST
• Annual Reviews fixed at 3% and market at renewal *All areas/dimensions approximate RLA205498

David Ente

Director Raine &Horne Commercial SA

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Property Info:

Property ID: L20137786
Property Type:Retail
Building / Floor Area:266 sqm
Land Area:266 sqm

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