The Commercial Team at Ray White Norwood in conjunction with Team Hibeljic is pleased to present for sale 40-44 Briant Road Magill for sale.
Nestled in the prestigious suburb of Magill, the property is located just minutes away from Penfolds Magill Estate and is surrounded by greenery, providing a serene environment suitable for potential residential redevelopment or other commercial uses such as child care, community centre or place of worship (STNC). The large 4,785 sqm land area, split across four titles, presents an excellent opportunity with the site boasting substantial onsite infrastructure, including landscaped gardens and a large building area of 996 sqm that allows for some creative repurposing and inevitable upside.
Key Investment Highlights of this opportunity include:
• 1+1 year Lease Back at $300,000 per annum Net + GST
• Significant Development Potential (STNC)
• Building Area of 996sqm
• Site Area of 4785sqm
• 45x consulting rooms and offices across the property
• 4x Certificates Of Title
For a copy of the information memorandum or to arrange an inspection contact Matt Lazarus on 0430745100
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | City of Burnside
Zone | Community Facilities & General Neighbourhood
Land | 4785sqm(Approx.)
Floor | 996sqm(Approx.)
