High Exposure Site with Holding Income
771-775 North East Road Valley View SA 5093
Key Property Highlights
| Building Area | 483 sqm |
|---|---|
| Land Area | 2820 sqm |
| Listing Status | Under Contract |
Cushman and Wakefield is pleased to offer to the market, 771-775 North East Road, Valley View, a strategically located property with immense exposure and potential.
Located at the major intersection of North East Road and Grand Junction Road, the 2,820sqm* site benefits from exposure to in excess of 67,000 vehicles daily (source SA Gov) and provides a fantastic opportunity for redevelopment or re-use of the existing improvements.
The property is leased to Kennards Hire until June 2023, generating valuable holding income while development options are considered.
• High exposure site of 2,820sqm* situated on the corner of Grand Junction Road
• Showroom/workshop improvements of 483sqm*
• Leased to Kennards Hire until June 2023
• Holding income of $143,878pa* net
• Zoned Employment - allows for a range of mixed use development including commercial, retail, bulky goods and industrial (stnc)
• Huge exposure with >67,000* passing vehicles daily
• Over 101* metres of arterial road frontage
771-775 North East Road, Valley View is for sale by Expression of Interest, closing Thursday 29 September 2022 at 4pm.
For further information, please don’t hesitate to contact the exclusive selling agents.
*approx.
RLA 315726