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270 Hanson Road
Mansfield Park SA 5012
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Sold on 15 Mar 2024

270 Hanson Road Mansfield Park SA 5012

  • Shop & Retail
  • 560 m²
  • Sold

"Westwood Plaza" Brilliant Retail Investment with Future Upside - SOLD PENDING SETTLEMENT

    NAI Harcourts is pleased to offer to the market 270 Hanson Road, Mansfield Park known as "Westwood Plaza".

    The property is situated on a high-profile corner site on Hanson Road & Harcourt Street app. 10 km North West of the Adelaide CBD. The site enjoys great exposure to passing traffic and ease of access to the balance of the metropolitan area through nearby connection to strong road networks.

    Key Investments Highlights:
    - Significant Site area of 1500 sqm* across two Titles
    - Ideal 45m* corner exposure to busy Hanson Road
    - Quality purpose built facility of 5 shops with Total Building area of over 500 sqm*
    - Diverse income derived from 3 current Tenancies of $95,000* p/annum
    - Two available Tenancies - one of them ideal for an operator looking to capitalize on walk-in restaurant on an as-is basis, including plant & equipment, full commercial kitchen with grease trap & cool rooms
    - Projected fully leased income of $150,000* p/annum
    - Secure on-site car parking for 24 vehicles
    - Value add potential for Investors & Occupies alike
    - Prominent main road location in tightly held Inner North West location with easy access to all transport linkages, North-South Corridor & Port Expressway
    - 0% Stamp Duty Payable
    *approx./estimates

    The property represents a unique opportunity to acquire a quality asset with outstanding investment upside in a tightly held commercial/residential precinct.

    Auction - on site Friday 15th December at 12 noon.

    For further information please contact Nicholas Josipovic 0411 174 778

    Harcourts Sheppard
    Harcourts Sheppard
    208D Henley Beach Road
    Torrensville, SA 5031

    Property Highlights

    Date Sold15 Mar 2024
    Floor Area560 m²
    Land Area1,500 m²
    Parking24 x Onsite parkings
    Property ID2018898511
    Category
    Last updated  19 Mar 2024
    Map for 270 Hanson Road Mansfield Park SA 5012

    Nearest transport* to 270 Hanson Road Mansfield Park SA 5012

    Bus
    Train
    Tram
    Ferry
    Stop 30A Hanson Rd - East side32 m
    Stop 30A Hanson Rd - West side44 m
    Stop 30H Grand Junction Rd - South side134 m
    Stop 30H Grand Junction Rd - North side144 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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    Harcourts Sheppard
    Harcourts Sheppard
    208D Henley Beach Road
    Torrensville, SA 5031

    Property Highlights

    Date Sold15 Mar 2024
    Floor Area560 m²
    Land Area1,500 m²
    Parking24 x Onsite parkings
    Property ID2018898511
    Category
    Last updated  19 Mar 2024

    Listed by

    More about 270 Hanson Road Mansfield Park SA 5012

    270 Hanson Road Mansfield Park SA 5012 is categorized as Shop & Retail Property. It has a floor area of 560 m² and a land area of 1,500 m². There are 24 x onsite parkings.The listing ID for this property is 2018898511.

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