12 & 14 Ragless Street and 1215 -1217 South Road St Marys SA 5042
- Factory, Warehouse & Industrial
- 1,768 m²
- For Sale, Offers considered over $2,100,000+GST
4 Adjoining Titles totalling 2770sqm.
We offer for sale 12-14 Ragless Street coupled with a prominent South Road frontage at St Mary's, some 9 kilometres south of the Adelaide CBD. The main frontage has over 43,000 vehicles passing daily, and the 2,770 square metre site enjoys frontages to South Road of over 31 metres, with a further similar frontage to Ragless Street.
A strong Commercial location, the offering comprises 4 titles from South Road through to Ragless Street on which is constructed an adaptable warehouse facility of 1,368 square metres and showroom/offices of some 439 square metres. Valuable carparking is available at the rear and at 12 Ragless Street, also containing some useful former residential improvements of 140 square metres.
Portion of these adaptable improvements generate a net income of $105,000 per annum net providing useful holding income pending occupation and/or redevelopment.
The excellent zoning permits a broad range of retail, commercial and industrial occupations and conversion to other uses such as education and training or religious purposes are well suited.