22 Famechon Crescent Modbury North SA 5092

Wonderful Industrial investment opportunity in Modbury North!

• 514 sqm Office/Warehouse + 55 sqm of mezzanine
• 1,426 sqm Torrens Title site
• Two tenancies on secure leases
• Hardstand yard area with off street car parking
• Secure site with automatic sliding gate
• Zoned Employment in the City of Tea Tree Gully
• Certificate of Title: Vol 5405 Folio 935

Lease information:

Unit 1:
$37,450 net per annum
3 year term commencing 19th September 2022

Unit 2:
$28,243 net per annum
3 + 2 year terms commencing 1st June 2021
Market review due 1st June 2024

No GST and No stamp duty applicable on the sale!

Expressions of Interest closing 26th October 2023 (unless sold prior).

If you would like any further information or if you would like to view the property, please contact the agent Lou Whitelock.

Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, neither the agent nor vendor guarantee this information. We accept no liability for any errors or omissions. All interested parties should conduct their own due diligence and seek independent advice.

*Approx.

RLA 134