BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Triple Frontage Leased Investment with Development Upside\nMcGe es Property is pleased to bring to market 1 Gumbowie Avenue & 1 Coongie Av enue\, Edwardstown For Sale via Public Auction. \n\nA unique opportunity t o secure a fully leased industrial investment with strong holding income f rom a long-established tenant\, complemented by the rare advantage of two corner allotments and triple frontage providing valuable future developmen t upside. \n\nKey investment highlights include:\n Fully leased net income of $120\,108.54 p.a.* (plus CPI increase as of 1st August 2026) until 31s t July 2029 with no further options\n Triple frontage landholding of 1\,57 7 sqm* across two allotments\n Functional improvements of 1\,105 sqm* acro ss multiple buildings\n Commanding 115.7m* frontage over Gumbowie Avenue\, Coongie Avenue and Konando Terrace\n 3 phase power supply\n Zoned Strateg ic Employment City of Marion\n No GST or Stamp Duty applicable\n\nFor Sal e by Public Auction to be held on-site on Thursday 20 August at 11am (USP) .\n\nFor further details or to arrange an inspection of 1 Gumbowie Avenue & 1 Coongie Avenue\, Edwardstown contact Ross Christodoulou or James Juers of McGees Property (RLA 1722).\n\n(* approx.) DTEND:20260820T120000 DTSTAMP:20260721T093254Z DTSTART:20260820T110000 LOCATION:1 Gumbowie Avenue\, Edwardstown SA SEQUENCE:0 SUMMARY:Auction: 1 Gumbowie Avenue\, Edwardstown SA UID:CRE-2021009358-Auction X-ALT-DESC;FMTTYPE=text/html:

Triple Frontage Leased Investment wit h Development Upside
McGees Property is pleased to bring to market 1 Gumbowie Avenue & 1 Coongie Avenue\, Edwardstown For Sale via Public Auct ion.

A unique opportunity to secure a fully leased industria l investment with strong holding income from a long-established tenant\, c omplemented by the rare advantage of two corner allotments and triple fron tage providing valuable future development upside.

Key inves tment highlights include:
Fully leased net income of $120\,108.54 p .a.* (plus CPI increase as of 1st August 2026) until 31st July 2029 with n o further options
Triple frontage landholding of 1\,577 sqm* across two allotments
Functional improvements of 1\,105 sqm* across multi ple buildings
Commanding 115.7m* frontage over Gumbowie Avenue\, Co ongie Avenue and Konando Terrace
3 phase power supply
Zoned Strategic Employment City of Marion
No GST or Stamp Duty applicabl e

For Sale by Public Auction to be held on-site on Thursday 2 0 August at 11am (USP).

For further details or to arrange an inspection of 1 Gumbowie Avenue & 1 Coongie Avenue\, Edwardstown contact R oss Christodoulou or James Juers of McGees Property (RLA 1722).

(* approx.)

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