Skip to main content
SearchBack to results

904 South Road Edwardstown SA 5039

  • Shop & Retail
  • 186 m²
  • For Sale, $695,000

Mixed Use Investment Opportunity

    - Net annual income of $38,504.41*
    - Two tenancies - ground floor commercial and first floor residential
    - Zoned Commercial South Road Policy Area 2 in the City of Marion
    - Total building area of 186 sqm*
    - Total site area of 350 sqm*
    - 3 on-site car parks
    - Substantial upside in ground-floor rental

    904 South Road, Edwardstown offers an outstanding investment opportunity only 5 kilometres* from the CBD. With commercial and residential tenancies fully-fitted and operating, the property offers an attractive return with diversified income from two tenants.

    The ground floor tenancy is currently leased to Black Forest Optical on a brand new, 2-year lease for approximately $30,000 per annum plus outgoings and GST. The first floor is currently leased as an AirBnB tenancy and is fully-booked for weeks to come ($55 per night). The history of this tenancy on a long-term residential basis suggests that it has been easily able to achieve $300 per week ($15,600 per annum*).

    The property itself presents well, being recently refurbished. The building has a strong street presence and there are 3 on-site car parking spaces and rear disabled-access facilities.

    For all enquiries or for more information on 904 South Road, Edwardstown please contact Saxon Smith of McGees Property (RLA 1722)

    (* approx.)

    Saxon Smith
    McGees Property Adelaide
    Saxon Smith
    McGees Property Adelaide

    Property Highlights

    Property ID2016802237
    Floor Area186 m²
    Land Area350 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  2 Aug 2021
    Map for 904 South Road Edwardstown SA 5039
    Map for 904 South Road Edwardstown SA 5039904 South Road Edwardstown SA 5039
    Saxon Smith
    McGees Property Adelaide
    Saxon Smith
    McGees Property Adelaide

    Property Highlights

    Property ID2016802237
    Floor Area186 m²
    Land Area350 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  2 Aug 2021
    McGees Property Adelaide
    60 Waymouth Street Adelaide Adelaide SA 5000
    Saxon Smith
    McGees Property Adelaide
    Saxon Smith
    McGees Property Adelaide
    Saxon Smith

    Saxon Smith

    McGees Property Adelaide

    0477 *** ***
    0477 859 659

    More Shop & Retail for Sale in Edwardstown SA

    1293-1295 South Road St Marys SA 5042
    For SaleContact Agent
    1293-1295 south road,st marys, SA 5042
    1,675 m²
    Shop & Retail
    2-3/611A Marion Road South Plympton SA 5038
    For SaleContact Agent
    2-3/611a marion road,south plympton, SA 5038
    150 m²
    Shop & Retail
    621-623 Marion Road South Plympton SA 5038
    For SaleSOLD by Derek Blacker!! More properties Wanted
    621-623 marion road,south plympton, SA 5038
    183 m²
    Shop & Retail
    Contact Agent