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1-3/1231 South Road
St Marys SA 5042
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Sold on 15 Jan 2025

1-3/1231 South Road St Marys SA 5042

  • Factory, Warehouse & Industrial
  • 1,080 m²
  • Sold, $3,050,000

Bulky Goods Investment with Massive Future Upside

    - Three distinct tenancies
    - All currently leased to a single operator - Living Spring Parish
    - Substantial fitout including kitchen, offices and function areas
    - 1,080 square metres* of building area
    - Site area of 1,947 square metres*
    - Holding income with huge possible future rental upside
    - Quality building with tilt-up construction and front-facing car parking
    - Adjacent longstanding Repco Australia

    1-3, 1231 South Road, St Marys offers multiple high profile showrooms on the outbound side of South Road. Formerly three tenancies, this property has been amalgamated into one in its lease to the Redeemed Church of God - Living Spring Parish (expiring in February 2027).

    With significant future rental upside and opportunities to dramatically improve its income or to owner-occupy in time, 1-3, 1231 South Road, St Marys is a prominent bulky goods investment and substantial land holding.

    *Approximate

    For more information or to book an inspection of 1-3, 1231 South Road, St Marys, please contact Saxon Smith from Higher Commercial (RLA 923 303).

    Disclaimer:
    RLA 323 903 This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/or inspections of the property before or at the time of advertising. Prospective tenants or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any leasing decisions. Our privacy policy is available at www.highercommercial.com.au.

    Disclaimer:
    This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903

    Higher Commercial
    Higher Commercial
    43 Sturt Street
    Adelaide, SA 5000

    Property Highlights

    Date Sold15 Jan 2025
    Sold Price$3,050,000
    Floor Area1,080 m²
    Land Area1,947 m²
    ParkingAsk Agent
    Property ID2018729726
    Category
    Last updated  
    Map for 1-3/1231 South Road St Marys SA 5042

    Nearest transport* to 1-3/1231 South Road St Marys SA 5042

    Bus
    Train
    Tram
    Ferry
    Stop 20 South Rd - East side39 m
    Stop 20 South Rd - West side43 m
    Stop 19 South Rd - West side312 m
    Stop 19 South Rd - East side372 m
    This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
    *Within a 4km radius
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    Higher Commercial
    Higher Commercial
    43 Sturt Street
    Adelaide, SA 5000

    Property Highlights

    Date Sold15 Jan 2025
    Sold Price$3,050,000
    Floor Area1,080 m²
    Land Area1,947 m²
    ParkingAsk Agent
    Property ID2018729726
    Category
    Last updated  

    Listed by

    Saxon Smith
    Higher Commercial
    Call
    0477859659

    More about 1-3/1231 South Road St Marys SA 5042

    1-3/1231 South Road St Marys SA 5042 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,080 m² and a land area of 1,947 m². The listing ID for this property is 2018729726.

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