1161-1171 Main North Road Pooraka SA 5095
- Factory, Warehouse & Industrial
- 10,000 m²
- Expressions of Interest
COMMANDING 10.2HA* INFILL INDUSTRIAL SITE WITH VALUABLE INCOME
- A SECURE INVESTMENT, PAVED WITH UPSIDE
- 6+3 YEAR TRIPLE NET LEASE
- FUTURE LAND SUBDIVISION POTENTIAL
1161-1171 Main North Road comprises over 10 hectares of high-profile industrial land in the northern industrial suburb of Pooraka. Leased to a long-established building products manufacturer operating from the site since 1960, the property offers solid holding income with exciting prospects of unlocking valuable future upside.
- High profile industrial land 13kms* north of Adelaide's CBD
- Primary frontage of 110.71 metres* to Main North Road
- National covenant to Montoro Roofing Pty Ltd with attractive triple net lease
- Passing net income of $1,411,000 pa*
- Future land subdivision potential with four street access points
- No Stamp Duty payable on commercial property acquisitions in SA
- Zoned 'Strategic Employment'
For Sale by Expressions of Interest closing Thursday 4th August 2022 at 4:00pm (ACST)
All measurements quoted are subject to survey and are an approximate only.
EXPRESSION OF INTEREST
|Closing date and time||04/08/2022 04:00|
|Recipient name||Ask Agent|