702 Main North Road , GEPPS CROSS SA 5094
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- 11 Nov 2016
Gateway Development Opportunity in Adelaide’s Inner North
A significant gateway development site of 3,850 square metres* with a frontage of 43 metres* to Main North Road.
The property is located on the western side (outbound) of Main North Road in the inner northern suburb of Gepps Cross, approximately 10 kilometres from the Adelaide Central Business District. The site is attractively positioned between the ‘Gepps X Home HQ’ and a mix of noteworthy industrial, commercial and retail developments along Main North Road.
More particularly, the site is located 700 metres north of Grand Junction Road, providing significant exposure to traffic travelling in both directions along Main North Road, with an estimated 36,000** vehicles passing daily (**Source: DPTI).
Improvements to the property comprise an older style dwelling to the front of the allotment, with a storage/cool room facility positioned to the rear. The property is currently occupied on a month-by-month basis, providing an annual income of $47,740.25 per annum plus GST.
Adaptable zoning ensures the property is suitable for a range of uses including (stc) - bulky goods outlet, service trade premises and educational facilities, in addition to traditional industrial uses. The property is zoned Industry/Business (Gepps Cross Gateway) in the City of Port Adelaide Enfield.
702 Main North Road, Gepps Cross is offered For Sale by Expressions of Interest closing 4pm Thursday 29 September 2016.
For further information please contact Hamish Crouch or Kym Hutchins.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
702 Main North Road GEPPS CROSS