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19-29 Glynburn Rd Glynde SA 5070

  • Development / Land
  • Land Size7,428 m²
  • PriceTender

SUBSTANTIAL LAND HOLDING OF 7428 m2* FRONTAGE TO GLYNBURN ROAD OF 110 M* - ONCE IN A GENERATION OPPORTUNITY HELD BY SAME OWNERS OVER 65 YEARS

SUBSTANTIAL LAND HOLDING OF 7428 m2* - FRONTAGE TO GLYNBURN ROAD OF 110 M* - ONCE IN A GENERATION OPPORTUNITY - HELD BY THE SAME OWNERS FOR OVER 65 YEARS - 5 TITLES - EXCELLENT HOLDING INCOME - MULTIPLE TENANCIES - RARE OPPORTUNITY TO LANDBANK OR REDEVELOP (STCC)

This property combines a great tenancy mix with long term upside. Perfect to landbank, the current approximate net passing rental is $330,806.24 per annum.

The current improvements comprise the following:
29 Glynburn Road
6 x Warehouse units, good concrete hardstand and carparking.
25 Glynburn Road
Modern, Tilt concrete warehouse/showroom leased to Laurence & Hanson
19 Glynburn Road
Converted dwelling and garaging Leased to Mind Australia

The site could also be used for a variety of uses (subject to usual consents) or enhance the existing improvements.
All areas/dimensions are approximate
RLA 205498 & 166790

TENDER

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Property Highlights

Property ID2014627053
Floor Area2,905 m²
Land Area7,428 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Oct 2018
Map for 19-29 Glynburn Rd Glynde SA 5070
Raine & Horne Commercial SA
Level 1 130 Rose Terrance Wayville SA 5034

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