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12-18 David Witton Drive
Noarlunga Centre SA 5168
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Sold on 8 Jun 2022

12-18 David Witton Drive Noarlunga Centre SA 5168

  • Shop & Retail
  • 7,460 m²
  • Sold

Prized Metropolitan Retail/Mixed Use Investment

  • 100% occupancy to diverse tenancy mix
  • WALE of 5 years (at 14/5/21)
  • Large site area of 15,071sqm

Colliers and Leedwell are proud to act as joint and exclusive agents for the freehold sale of 12-18 David Witton Drive, Noarlunga Centre, South Australia.
A prized, modern and 100% fully let multi-tenanted metropolitan retail/mixed-use investment opportunity within the heart of the retail hub of the southern suburbs.

Colliers and Leedwell highlight the following key investment attributes of 12-18 David Witton Drive:

Retail/commercial centre comprising 8 separate tenancies.
Large site area of 15,071sqm contained within 4 Certificates of Title.
Estimated net passing income of $1,618,000 (as at 15 May 2021).
Long WALE (5 years).
Diverse tenancy mix including government & national retail tenants accounting for 90% of the income.
Corner site with 3 substantial frontages totalling 447.5m to David Witton Drive, Seaman Road and James Clark Road.
22.98% population increase anticipated by 2036 (208,707 residents) (City of Onkaparinga 2020).
Under the DPI zoned Urban Activity Centre within the City of Onkaparinga.

Colliers & Leedwell have been appointed to offer for sale 12-18 David Witton Drive, Noarlunga via an Expression of Interest campaign closing Thursday 10 June at 3:00pm (ACST).

Alistair Mackie +61 412 817 977
Jordan Schmidt + 61 403 422 762
Andrew Zammit +61 417 814 398
Steve Smith + 61 410 532 022

Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold8 Jun 2022
Floor Area7,460 m²
Land Area1.51 ha
Parking231 x Onsite parkings
Property ID2016994675
Category
Last updated  8 Jun 2022
Map for 12-18 David Witton Drive Noarlunga Centre SA 5168

Nearest transport* to 12-18 David Witton Drive Noarlunga Centre SA 5168

Bus
Train
Tram
Ferry
Stop 65A David Witton Dr - South side81 m
Stop 65A David Witton Dr - North side84 m
Stop 65 Beach Rd - South side122 m
Stop 65 Beach Rd - North side128 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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Colliers International Adelaide
Colliers International Adelaide
Level 9, 121 King William Street
Adelaide, SA 5000

Property Highlights

Date Sold8 Jun 2022
Floor Area7,460 m²
Land Area1.51 ha
Parking231 x Onsite parkings
Property ID2016994675
Category
Last updated  8 Jun 2022

Co-Agents

Alistair Mackie
Alistair Mackie
Colliers International Adelaide
Call
+61 412 817 977
Jordan Schmidt
Jordan Schmidt
Colliers International Adelaide
Call
+61403422762

More about 12-18 David Witton Drive Noarlunga Centre SA 5168

12-18 David Witton Drive Noarlunga Centre SA 5168 is categorized as Shop & Retail Property. It has a floor area of 7,460 m² and a land area of 1.51 ha. There are 231 x onsite parkings.The listing ID for this property is 2016994675.

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