251 Glen Osmond Road, FREWVILLE SA 5063
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- Floor area:
- 22 x Onsite parking
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- 17 Oct 2016
Near city standalone office building
The imminent development of brand new premises for Medallion Homes has created the opportunity for investors
and future owner occupiers to secure their current premises at 251 Glen Osmond Road, Frewville.
The property comprises a large site of 1,615sqm* located 4* kilometres from the Adelaide GPO. The property’s position, outbound on Glen Osmond Road, provides a prominent signage opportunity for occupiers as is currently capitalised on by Medallion Homes.
Improvements to the site include a well-presented, single storey commercial building and onsite car parking for 22 vehicles.
The construction of Medallion Homes’ new premises is anticipated to take approximately two years and thus the property will be offered with a lease coinciding with their relocation. This ensures certainty for investors and owner occupiers alike.
This is an exceptional opportunity to acquire well located commercial premises suiting a broad range of future uses.
Key selling features include:
• High profile outbound site of 1,615sqm*
• Well-presented commercial building of 610sqm*
• On-grade car parking for 22 vehicles
• Net income of $170,000* pa (plus GST and outgoings)
• Suiting investors and future owner occupiers
JLL RLA 1842
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
251 Glen Osmond Road FREWVILLE