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18-24 Kesters Road
Para Hills SA 5096
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Sold on 10 Aug 2021

18-24 Kesters Road Para Hills SA 5096

  • Factory, Warehouse & Industrial
  • 1,672 m²
  • Sold

New 8 Year Triple Net Lease to ASX Listed Tenant

+ Renewed 8 year lease to Jan 2029 plus 8 year option to 2037
+ 4,000 sqm landholding with 40 metre frontage and exposure
+ Leased to wholly owned subsidiary of ASX listed AMA Group Limited with 182 locations across Australia and New Zealand and $1 billion+ annual revenue
+ 1,672 sqm state-of-the-art facility with numerous features and capital intensive upgrades including underground rainwater tanks, precast concrete boundary fences, automatic RSDs, heavy duty hard stand and more.
+ Fixed 2.5% rent increases ensuring rental growth
+ Tenant pays all usual outgoings including single holding Land Tax and Management Fees
+ Para Hills: established commercial and residential suburb 12kms from both Adelaide CBD and Port Adelaide
+ Net Income: $220,000 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

RLA 293472

AUCTION

Auction date and time10/08/2021 10:30
Auction location18-24 Kesters Road, Para Hills SA
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold10 Aug 2021
Floor Area1,672 m²
Land Area4,000 m²
ParkingAsk Agent
Property ID2017115156
Category
Last updated  11 Aug 2021
Map for 18-24 Kesters Road Para Hills SA 5096

Nearest transport* to 18-24 Kesters Road Para Hills SA 5096

Bus
Stop 39 Kesters Rd - South West side70 m
Stop 39 Kesters Rd - North East side93 m
Stop 39A Kesters Rd - North East side162 m
Stop 39A Kesters Rd - South West side212 m
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold10 Aug 2021
Floor Area1,672 m²
Land Area4,000 m²
ParkingAsk Agent
Property ID2017115156
Category
Last updated  11 Aug 2021

Listed by

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

More about 18-24 Kesters Road Para Hills SA 5096

18-24 Kesters Road Para Hills SA 5096 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,672 m² and a land area of 4,000 m². The listing ID for this property is 2017115156.

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