NAI Harcourts is pleased to offer to the market 270 Hanson Road, Mansfield Park known as "Westwood Plaza".
The property is situated on a high-profile corner site on Hanson Road & Harcourt Street app. 10 km North West of the Adelaide CBD. The site enjoys great exposure to passing traffic and ease of access to the balance of the metropolitan area through nearby connection to strong road networks.
Key Investments Highlights:
- Significant Site area of 1500 sqm* across two Titles
- Ideal 45m* corner exposure to busy Hanson Road
- Quality purpose built facility of 5 shops with Total Building area of over 500 sqm*
- Diverse income derived from 3 current Tenancies of $95,000* p/annum
- Two available Tenancies - one of them ideal for an operator looking to capitalize on walk-in restaurant on an as-is basis, including plant & equipment, full commercial kitchen with grease trap & cool rooms
- Projected fully leased income of $150,000* p/annum
- Secure on-site car parking for 24 vehicles
- Value add potential for Investors & Occupies alike
- Prominent main road location in tightly held Inner North West location with easy access to all transport linkages, North-South Corridor & Port Expressway
- 0% Stamp Duty Payable
*approx./estimates
The property represents a unique opportunity to acquire a quality asset with outstanding investment upside in a tightly held commercial/residential precinct.
Auction - on site Friday 15th December at 12 noon.
For further information please contact Nicholas Josipovic 0411 174 778
Property ID: #L25427223
