PRIZED FULLY LEASED RETAIL INVESTMENT

378 Main South Road, Morphett Vale, South Australia 5162

Office For Sale

Private Treaty
Land Area: 2,054.00 m2.    Floor Area: 2,054.00 m2.    

Description

Colliers International is delighted to be favoured with exclusive instructions to offer for sale, 378 Main South Road, Morphett Vale, a prized, modern and multi-tenanted suburban retail investment opportunity which offers outstanding exposure to the intersection of Main South Road and Pimpala Road.

Colliers International highlight the following key investment attributes:

- Retail/Commercial centre comprising 5 seperate tenancies across two levels.
- Large site area of 2,054 square metres* including 29 car parks contained within a single Certificate of Title.
- Estimated fully leased net income of $324,268* per annum plus GST (as of July 2019).
- Diverse tenancy mix including retail, medical and commercial occupiers.
- Prime corner site with substantial frontages to Main South Road, Pimpala Road and Booth Avenue offering outstanding exposure and ensuring the site is of strategic importance to each tenant.
- Flexible Commercial zoning within the City of Onkaparinga.
- Opportunity to value-add through the installation of additional billboards.

*Approx

Colliers International has been appointed to offer for sale 378 Main South Road by way of Private Treaty.

For more information please contact Colliers International as the exclusive selling agents:

Tom Isaksson | 0422 154 570 | tom.isaksson@colliers.com

Alistair Mackie | 0412 817 977 | alistair.mackie@colliers.com

Features

  • Site area of some 2,054sqm*
  • Fully leased net income of $324,268* pa
  • 5 tenants occupying over 2 levels

Specifications

Council City of Onkaparinga

Map

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