Situated on a spacious corner lot, this exceptional double-fronted property features approximately 38m of frontage facing Glen Osmond Road and an impressive 46m frontage facing Aragon Street. Its unbeatable location places a bustling shopping centre just across the road, while the prestigious Glenunga International School is a mere two minutes away.
We are delighted to present this extraordinary opportunity to acquire approximately 2000sqmÃÆ'¯¼Ãƒ€¹Ã¢€Appx) of prime land across two titles in this highly sought-after city fringe location. With the potential to construct residential townhouses (subject to council consent) or a versatile, two-storey commercial complex (subject to council consent), the possibilities are endless.
This property is currently fully tenanted, covering over approximately 750sqm of built-up space and generating a substantial holding income of about $160,000 per year.
Key features include:
1. Abundant rear car parking spaces to cater to your business needs.
2. Zoning: Business Neighbourhood - BN.
3. Conveniently located a mere 3.5km from the city centre, providing easy access to all amenities and transportation hubs.
Presently, the property boasts esteemed local businesses as tenants, including GGP Energy and Auta Group, both renowned South Australian enterprises. Additionally, the property offers extensive warehouse space to accommodate various storage requirements.
Don't miss out on this unique investment opportunity. Contact us today to schedule a viewing and discuss how this property can fulfil your commercial aspirations.
Property ID: #L23370091
