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1215-1217 South Road
St Marys SA 5042
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Sold on 15 May 2024

1215-1217 South Road St Marys SA 5042

  • Factory, Warehouse & Industrial
  • 1,880 m²
  • Sold

Massive Leased Investment/Development Opportunity

    - 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).

    Higher Commercial
    Higher Commercial
    43 Sturt Street
    Adelaide, SA 5000

    Property Highlights

    Date Sold15 May 2024
    Floor Area1,880 m²
    Land Area2,060 m²
    ParkingAsk Agent
    Property ID2019012282
    Category
     Factory, Warehouse & Industrial
     Development / Land
     Showrooms / Bulky Goods
    Last updated  18 May 2024
    Map for 1215-1217 South Road St Marys SA 5042

    Nearest transport* to 1215-1217 South Road St Marys SA 5042

    Bus
    Train
    Tram
    Ferry
    Stop 20 South Rd - East side47 m
    Stop 20 South Rd - West side74 m
    Stop 19 South Rd - West side247 m
    Stop 19 South Rd - East side306 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
    Did you find this helpful?
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    Higher Commercial
    Higher Commercial
    43 Sturt Street
    Adelaide, SA 5000

    Property Highlights

    Date Sold15 May 2024
    Floor Area1,880 m²
    Land Area2,060 m²
    ParkingAsk Agent
    Property ID2019012282
    Category
     Factory, Warehouse & Industrial
     Development / Land
     Showrooms / Bulky Goods
    Last updated  18 May 2024

    Listed by

    Saxon Smith
    Saxon Smith
    Higher Commercial
    Call
    0489 073 075

    Enquire about this property

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              More about 1215-1217 South Road St Marys SA 5042

              1215-1217 South Road St Marys SA 5042 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,880 m² and a land area of 2,060 m². The listing ID for this property is 2019012282.

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