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Tusmore Retail & Commercial Portfolio, 457,467-469 Greenhill Road & 105 Tusmore Avenue, Tusmore, SA 5065

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Tusmore Retail & Commercial Portfolio, 457,467-469 Greenhill Road & 105 Tusmore Avenue, Tusmore, SA 5065

Tusmore Retail & Commercial Portfolio, 457,467-469 Greenhill Road & 105 Tusmore Avenue, Tusmore, SA 5065

Properties / Buy / South Australia / Tusmore
Development Potential

1. Property Summary

Property Type
Commercial, Child/Healthcare
Sub Type
Office, Retail/Shopping Centre
Local Government
Burnside
Selling Method
EOI: Closing Thursday 26th September 2024 @ 4pm
EOI Closing Date
26 Sep 2024 04:00PM
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2. Property Highlights

Tusmore Retail & Commercial Portfolio
  • 4 properties sold together or separately
  • Passive investments w net leases
  • 105 Tusmore suits owner occupier

Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area. Properties included for sale in this portfolio are 457 Greenhill Road, Tusmore, 467 & 469 Greenhill Road, Tusmore and 105 Tusmore Avenue, Tusmore. Highlights include:

457 Greenhill Road, Tusmore

- Passive leased investment

- Two tenants in Magain Scarce Real Estate and Property Inspections Australia

- 610sqm* land area

- Fantastic main road frontage and presence

- Two tenancies comprising a total building area of 306sqm GLA

- Local Activity Centre zone

- Net Rental $117,290pa*

- Net lease structures

467 & 469 Greenhill Road, Tusmore

- Two individual units of 60sqm and 68sqm

- Leased to Poolwerx (467) and Hoi Ann Inn (469)

- 128sqm NLA total

- Net rental of $48,112pa*

- Both leases reviewed by CPI annually

- Net lease structures

105 Tusmore Avenue, Tusmore

- Extensive land area of 1,140sqm*

- Character consulting space with exceptional presentation

- Suits owner occupier and investor

- Associated car parking onsite

- Holding net income of $49,123pa*

- Potential for vacant possession from Oct-24

- Local Activity Centre zone

The four investment properties are offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.

* = approx

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial, Child/Healthcare
Sub-type
Office, Retail/Shopping Centre
Local Government
Burnside
Selling method
EOI: Closing Thursday 26th September 2024 @ 4pm
EOI Closing Date
26 Sep 2024 04:00PM

2. Property Highlights

Tusmore Retail & Commercial Portfolio
  • 4 properties sold together or separately
  • Passive investments w net leases
  • 105 Tusmore suits owner occupier

Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area. Properties included for sale in this portfolio are 457 Greenhill Road, Tusmore, 467 & 469 Greenhill Road, Tusmore and 105 Tusmore Avenue, Tusmore. Highlights include:

457 Greenhill Road, Tusmore

- Passive leased investment

- Two tenants in Magain Scarce Real Estate and Property Inspections Australia

- 610sqm* land area

- Fantastic main road frontage and presence

- Two tenancies comprising a total building area of 306sqm GLA

- Local Activity Centre zone

- Net Rental $117,290pa*

- Net lease structures

467 & 469 Greenhill Road, Tusmore

- Two individual units of 60sqm and 68sqm

- Leased to Poolwerx (467) and Hoi Ann Inn (469)

- 128sqm NLA total

- Net rental of $48,112pa*

- Both leases reviewed by CPI annually

- Net lease structures

105 Tusmore Avenue, Tusmore

- Extensive land area of 1,140sqm*

- Character consulting space with exceptional presentation

- Suits owner occupier and investor

- Associated car parking onsite

- Holding net income of $49,123pa*

- Potential for vacant possession from Oct-24

- Local Activity Centre zone

The four investment properties are offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.

* = approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

Tusmore Retail & Commercial Portfolio, 457,467-469 Greenhill Road & 105 Tusmore Avenue, Tusmore, SA 5065

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Tusmore Retail & Commercial Portfolio, 457,467-469 Greenhill Road & 105 Tusmore Avenue, Tusmore, SA 5065 Tusmore
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