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Landmark North Eastern Site: Up to 4 Storey Mixed Use Dev...

672 Lower North East Road, PARADISE SA, 5075

For Sale

Property for Sale in 672 Lower North East Road, PARADISE SA, 5075

Raine & Horne Commercial South Australia

Level 1, 130 Rose Terrace, Wayville, SA 5034

Listing ID:
11337181
Status:
Active
For:
Sale
Price:
Refer Agent for Pricing
Last Updated:
02/08/2019
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Property Type

Offices/Medical/Consulting/Retail
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Land Area

1273 SQM
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Floor Area

211 SQM
Icon parking

Parking

20

Landmark North Eastern Site: Up to 4 Storey Mixed Use Development Capability (STCC) or Owner Occupier Option

'Prime position' would describe this office or consulting facility that enjoys dual street access, expansive parking and over 70,000 cars passing each day. This property split over two Torrens Titles, has such a wide scope of redevelopment potential (STCC) (redevelopment clause included in formal lease) but still enjoys being well suited to an owner occupier. The current lease to Gold Laser Clinic Pty Ltd (ACN 612 323 243) offered with this site boats an annual net income of $18,564 and with Steadfast Property Management willing to lease back to the owner on negotiated terms if required, you are offered so many options with this sale.

Site improvements include approx. 1,273sqm of corner positioning (spread over two titles) with total improvements of approx 211sqm.

The flexible council zoning allows for up to 4 storeys of mixed use development (STCC) on this landmark North Eastern site

28 Darley Road has a total improved area of approx 135sqm configured into, 3 x individual offices, open plan office area, reception, meeting room, kitchen, single water closet, data cabling and split air conditioning throughout the building.

672 Lower North East Road has a total improved area of approx 76sqm and is configured into 4 x offices, reception, kitchen, w/c with separate bathroom and air air conditioned throughout.

Zoned Urban Corridor Zone '8 in the Campbelltown Council Area.

All inquiries contact Derek Blacker on 0413 274 481 or derek.blacker@rhc.com.au
RLA 205498/236458

For more details, please email agent

Raine & Horne Commercial South Australia

Level 1, 130 Rose Terrace, Wayville, SA 5034


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