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Prized Metropolitan Retail/Mixed Use Investment - #1
Prized Metropolitan Retail/Mixed Use Investment - #2
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Prized Metropolitan Retail/Mixed Use Investment - #10

For Sale

Expressions of Interest closing 10th Jun 2021 Colliers International
Colliers and Leedwell are proud to act as joint and exclusive agents for the freehold sale of 12-18 David Witton Drive, Noarlunga Centre, South Australia.
A prized, modern and 100% fully let multi-tenanted metropolitan retail/mixed-use investment opportunity within the heart of the retail hub of the southern suburbs.

Colliers and Leedwell highlight the following key investment attributes of 12-18 David Witton Drive:

• Retail/commercial centre comprising 8 separate tenancies.
• Large site area of 15,071sqm contained within 4 Certificates of Title.
• Estimated net passing income of $1,618,000 (as at 15 May 2021).
• Long WALE (5 years).
• Diverse tenancy mix including government & national retail tenants accounting for 90% of the income.
• Corner site with 3 substantial frontages totalling 447.5m to David Witton Drive, Seaman Road and James Clark Road.
• 22.98% population increase anticipated by 2036 (208,707 residents) (City of Onkaparinga 2020).
• Under the DPI zoned Urban Activity Centre within the City of Onkaparinga.

Colliers & Leedwell have been appointed to offer for sale 12-18 David Witton Drive, Noarlunga via an Expression of Interest campaign closing Thursday 10 June at 3:00pm (ACST).

Alistair Mackie +61 412 817 977
Jordan Schmidt + 61 403 422 762
Andrew Zammit +61 417 814 398
Steve Smith + 61 410 532 022