11 Crompton Road, Totness Mount Barker SA 5251

Located in the high demand Totness commercial and industrial precinct, this quality property is close to Bunnings Warehouse, Paramount Browns, U-Store It and a number of major motor dealerships. The fast and easy access to the South Eastern Freeway and short distance to Mount Barker's CBD have been key to the area's popularity and booming growth over the last few years.

The building presents fantastically. It was constructed in 2001 and features a high clearance workshop/warehouse with additional storage, offices and a spectacular glass-fronted showroom. Total floor area extends to approximately 1,110 sqm. There is on-site parking for approximately 19 vehicles, plus additional street parking available on Crompton Road. The low maintenance landscaping provides an attractive buffer to the site's boundaries.

The total site area extends to approximately 2,869 sqm.

Subject to a single lease to a long established and respected cabinet-making business. Note, the tenant's business is unaffected by the sale of the property.

Originally leased to the tenant in 2007, the current lease term is next due for renewal on 01-Dec-23. There are then two further rights of renewal of 3 years each. The current passing rent is $123,169 + GST pa, subject to CPI review on 01-Dec-21. The Lessee is additionally on-charged all outgoings apart from the Lessor's building insurance premium.

The property is held on a single Torrens title.

The zoning is 'Employment' zone (SA Planning & Design Code).

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:

Harry Sanders 0431 057 346
Nigel Grivell 0414 257 999