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3 Kiwi Court
Lonsdale SA 5160
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Sold on 15 Feb 2024

3 Kiwi Court Lonsdale SA 5160

  • Factory, Warehouse & Industrial
  • 1,250 m²
  • Sold

SOLD SOLD PRIOR TO AUCTION - WITHDRAWN UNDER VENDORS INSTRUCTIONS

    Quality Industrial Leased Investment

    Raine and Horne Commercial are delighted to present 3 Kiwi Court Lonsdale to the market for sale by Public Auction.

    Quality investment opportunity, long established tenant on long term lease.

    The property has a long history of being the home of Colonial Lace and Wadham Brothers a well-known, high quality metal products manufacturing facility.

    Consisting of approximately 1,250 square metres of improvements and located on a site of approximately 2,465 square metres with a frontage of approximately 49 metres to Kiwi Court. The improvements consist of a metal clad workshop / warehouse facility with concrete floors along with brick office / amenities. Located in the thriving Lonsdale industrial estate

    Lease Details

    The Premises are leased to Mahdaw C.L. Pty. Limited ACN 137 945 110 trading as Wadham Bros. and Colonial Lace for Five years at a current rent of $100,000 + GST. Building Insurance and Statutory outgoings (excluding Land Tax) are payable by the Lessee. Current lease expiry is 31 October 2028 with the Lessee having two five-year options to renew.

    Rent is reviewed annually to 4% with a market review at the commencement of the renewed terms

    Inspection by appointment with the selling agent call David Burford 0447 200 732

    * All areas are approximate

    RLA 205498

    Raine & Horne Commercial SA
    Raine & Horne Commercial SA
    8 Greenhill Road
    Wayville, SA 5034

    Property Highlights

    Date Sold15 Feb 2024
    Floor Area1,250 m²
    Land Area2,465 m²
    Parking7 x Onsite parkings
    Property ID2018857623
    Category
    Last updated  29 Nov 2023
    Map for 3 Kiwi Court Lonsdale SA 5160
    Raine & Horne Commercial SA
    Raine & Horne Commercial SA
    8 Greenhill Road
    Wayville, SA 5034

    Property Highlights

    Date Sold15 Feb 2024
    Floor Area1,250 m²
    Land Area2,465 m²
    Parking7 x Onsite parkings
    Property ID2018857623
    Category
    Last updated  29 Nov 2023

    Listed by

    Raine & Horne Commercial SA
    Call
    0447200732

    More about 3 Kiwi Court Lonsdale SA 5160

    3 Kiwi Court Lonsdale SA 5160 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,250 m² and a land area of 2,465 m². There are 7 x onsite parkings.The listing ID for this property is 2018857623.

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