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CBRE - South Australia (RLA 208125)

1-3, 1249 South Road St Marys, SA 5042

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1-3, 1249 South Road,
St Marys, SA 5042

Shops & Retail • Showrooms & Large Format Retail • Other

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CBRE - South Australia (RLA 208125)
Ned Looker
Rhyce Scott

CBRE - South Australia (RLA 208125)

Level 5, 151 Pirie Street
ADELAIDE, SA 5000
CBRE - South Australia (RLA 208125)
1-3, 1249 South Road
St Marys, SA 5042

Map of 1-3, 1249 South Road

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FULLY LEASED RETAIL INVESTMENT

  • Total build area of 639sqm*
  • High exposure corner allotment
  • Ample on-site parking
Units 1-3 1249 South Road, is a property that presents itself proudly on one of Adelaide’s busiest roads. This fully leased asset has a lot of upside, leased out on very low rates, providing purchasers a chance to boost their returns in the future. With only one other owner in this strata and re-development clauses in the leases, there is also an opportunity down the track to potentially develop. The high exposure, ample parking and corner allotment will always attract retailers giving confidence to purchasers.

The other key points of the site include;
- Fully leased with an estimated net return of $105,747* pa
- Total build area of 639sqm split into three tenancies
- High exposure corner allotment
- Ample on-site parking
- 47m* of frontage to South Road
- Employment Zoning

For Sale Via Private Treaty - $1,650,000 - $1,690,000

Please contact the sole marketing agents with any other questions:
Rhyce Scott: +61 422 960 5...
Ned Looker: +61 448 689 5...

*Approx

Property ID: 504202944Last Updated: 5 Sep 2023

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