1215-1217 South Road St Marys SA 5042

- Opportunity to purchase leased investment with massive development upside
- Three titles and a total site area of 2,060 square metres*
- Street to street access - from South Road to Ragless Street
- Two warehouses, 1,122 sqm and 268 sqm*
- Additional 490 sqm* showroom/office facing South Road
- Leased to SAGE Automation with total income of approximately $162,000 per annum plus GST and outgoings (income as at April 2024)

*Approximately

Offering a solid holding income and with substantial development and future rental upside, 1215-1217 South Road, St Marys is an outstanding opportunity to secure a substantial landholding and prominent site only minutes from the Adelaide CBD.

Situated on the outbound side of South Road, the property offers excellent exposure to passing traffic that will soon be further enhanced by the South Road Redevelopment currently underway.

1215-1217 South Road is also currently leased to national company, SAGE Automation, with a secure lease in place returning an income of approximately $162,000 per annum plus GST and outgoings (as of April 2024).

For more information or to book an inspection of 1215-1217 South Road, St Marys, please contact Saxon Smith from City Realty (RLA 323 903).