3 Commerce Crescent Hindmarsh Valley SA 5211

An outstanding Commercial investment opportunity presents, with the release of this fully tenanted site. Located on a prime 2,909 m2 corner allotment, the property is home to three long term tenants, as well as one smaller tenancy with a periodic lease.

The tenancies include:

DPTI - 360 sqm
Original Lease 01/06/2016 to 31/05/2018
Lease Extension 01/06/2018 to 31/05/2023
Lease Extension 01/06/2023 to 31/05/2028
Further right of renewal for 5 years

Exercise Physiology South Pty Ltd - 378 sqm
Original Lease 01/08/2022 to 31/07/2025
Further right of renewal of 2 + 2 years

Goods to Go & Café - 198 sqm
Original Lease 01/08/2022 to 31/07/2025
Further right of renewal of 2 + 2 years

Storage Rental - 173 sqm
Periodic rental agreement

Improvements include a large solar system, which is credited against the tenant's power costs. Other improvements include 29 on site car parks, all sheds with high clearance sliding doors for easy access. All tenancy fitouts are the property of the tenants.

The property has been exceptionally well maintained by the current owners and is immaculately presented. The location will also impress, being found in the rapidly expanding Lincoln Park industrial precinct, just opposite the Fleurieu Aquatic Center. Access to the property is just off Waterport Road, the arterial bypass road linking Victor Harbor to Goolwa.

Commercial opportunities of this calibre rarely come onto the market and represent excellent long term value to astute investors.