Own and Occupy on Marion Road * Significant main road site of 686 square metres approx * Excellent exposure with 21 metres approx frontage to Marion Road * Refurbished office of 5 main rooms plus amenities * Zoned Commercial - Sturt/Marion Road Corner Policy Area 3 * Suit owner occupiers * Inspection strictly by appointment with consultants only
874 Marion Road, Marion provides a rare opportunity to purchase a high exposure land holding on one of Adelaide's sought after transport corridors. The property sits amongst a vibrant mix of medical, commercial and residential properties and provides valuable off-street parking f...
Located on a highly exposed corner landmark site with dual frontage to Seacombe Road and Davenport Terrace lies this attractive building which has been updated and maintained to the highest standard.
It provides a prominent and valuable corporate image without compromise to be easily transformed to an open plan layout or reconfigured to suit whatever requirements your business needs (see below zoning extract for permissible uses of this flexible zoning).
Features to the existing layout and improvements include:
Blue Chip Metropolitan Petrol Investment Secure 15 year lease to Woolworths with options to November 2026. Significant 2,862 sqm site with high profile 54.84m Marion Road frontage. Tenant pays all usual outgoings including Land Tax. Annual CPI rent reviews. Woolworths Petrol: Network of 633 petrol stations across the country with sales of $7.1billion (2013/14). Marion, SA: Significant metropolitan residential area boasting commercial and retail presence including Westfield Marion. Net Rent: $366,785 commencing November 2014 (assuming 2.12% CPI increase).
PRIME INVESTMENT Located opposite Westfield Marion Shopping Centre. Securely leased to two excellent tenants. Police Credit Union - 7 year lease. SA TAB 5 year lease. Gross annual income $140,926 plus GST (net income estimated at $125,588). Building area 402 sqm. Site area 970 sqm.
TO BE SOLD BY AUCTION ON THE PROPERTY AT 11:30AM THURSDAY 4 AUGUST 2011.
QUALITY OFFICES/CONSULTING ROOMS This Character Bungalow was converted some years ago to quality offices/consulting rooms which has been occupied by the current SA Government tenant since 1997.
A new lease is to commence on the 15/10/2006 at an annual rental of $20,167 with the tenant being responsible for the payment of all outgoings plus GST.
The building has a total floor area of 120 sq.m. and features separate facilities, ducted r/c air-conditioning, alarm system and security screens.
Fantastic commercial precinct and only minutes from Marion Shopping Town as well as being very close to public transport.