28 Burwood Avenue Woodville North SA 5012

This property is for Sale by Expressions of Interest.

A unique opportunity to acquire an industrial property with plenty of versatility.
Highly in demand and resilient property type, representing a sound investment.

Location;
• The property is located within the Woodville North industrial precinct,
• Close to main thoroughfares, North-South Motorway, Torrens Road , Hanson Road, Port Road,
• One of the more inner city industrial precincts.

Property Features;
• Rectangular Allotment - 766 Sqm*
• Floor Area 450* Sqm
• Building Area 425* Sqm
• Front Hardstand Area 300* Sqm
• Rear Yard 50* Sqm with shed
• Offices and Reception with Abundant Amenities
• Mezzanine Floor with Additional Offices/Meeting Rooms
• Reverse Cycle Air Conditioning
• Clear Span and High Clearance
• Torrens Titled.
• Zoned Strategic Employment.

Sitting Tenant;
• Current Rental $35,835 Per Annum (NET)
• Tenant pays all outgoings excluding Land Tax as stipulated in Lease
• Lease Expiring 31st March 2023
• Five by 1 Year Options to Renew.
• CPI reviews each year

Outgoings Information;
Council Rates: $2,763 per annum
Water: $285 per quarter
ESL: $476 per annum

• Stamp Duty Free on purchase
• May be sold GST FREE- Going Concern.

An opportunity not to be missed, please call Gerry Petropoulos on 0419 610 812 for more information or to conduct an inspection.

*approximate