- Total site area of 5,209 square meters*
- Three buildings comprising a total of 3,951 square metres* (GBA)
- Potential for 3-4 future tenancies
- 26 on site car parking spaces
- Corner site with dual street frontages
- Existing buildings including showrooms, offices, warehouse/workshops and amenities
- Corner allotment with dual street frontages and access
- Situated in Adelaide's preeminent growth corridor
- Outstanding repositioning opportunity and future rental upside potential
Located in the inner-southern suburb of Edwardstown, 838-842 South Road is an outstanding landholding offering huge development and investment potential.
Spanning an impressive 5,209 square meters over four Torrens titled allotments and including three distinct buildings, the property is an ideal asset for development or repositioning to enhance its return. The property has dual street frontages with 50 meters along on South Road and 100 meters along Castle Street, with front and rear car parking with capacity for prime mover accessibility.
Currently leased to longstanding tenant A.H. Beard until May 2025, the site offers ready capacity for rental upside and/or long-term income from negotiations with the sitting tenant through a market rent review mechanism. This tenant currently occupies its entire lettable area of 3,880 square metres, spanning three buildings and consisting of various warehouse, showroom and office areas, each individually leasable with alternative investment strategies.
838-842 South Road, Edwardstown is an outstanding investment or development opportunity in a high-profile location. Don't miss the chance to secure this prime property and unlock its full potential.
For more information or to book an inspection of 838-842 South Road, Edwardstown, please contact conjunctional agents Saxon Smith from Higher Commercial (RLA 323 903) or Clarence Tiong of Refined Real Estate (RLA 247 919).
Disclaimer:
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903
