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2. Property Highlights

Value-Add Investment/Development Opportunity

Arguably one of the best holdings in its vicinity, 1239-1245 South Road, St Marys is an exceptional investment and development site with substantial improvements across three titles.

- Outstanding opportunity to acquire a versatile multi-tenant investment
- Four tenancies - leased to Burns for Blinds, South Road Chiropractic and Tike Pty Ltd with one vacancy
- Total building area of approximately 1,180 square metres*
- Total site area of approximately 3,176 square metres*
- Corner site with wrap-around car parking and multiple access points
- Secure leases with Redevelopment provisions in place

- Part of broader South Road Portfolio Sale

Currently leased to Burns for Blinds, South Road Chiropractic and Tike Pty Ltd, the property has substantial upside in its remaining vacancy and in future rental uplift to the areas that are currently leased.

1239-1245 South Road benefits from rear roller door access to its tenancies, multiple access points, strong traffic exposure on the outbound side of South Road, corner frontages to South Road and Merriton Avenue and massive future development potential.

This property is available for sale as a standalone premises or in conjunction with the balance of the South Road Portfolio Sale including 1219 South Road and 1-3, 1231 South Road, St Marys.

1239-1245 South Road, St Marys is available with 'Best Offers' by 5pm Friday, 29th September 2023 unless sold prior.

*Approximate

For more information or to book an inspection of 1239-1245 South Road, St Marys, please contact Saxon Smith from City Realty (RLA 323 903).

Remember to mention you found this property on DevelopmentReady

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3. Property Location

1239-1245 South Road, St Marys, SA 5042

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4. Due Diligence

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