6 Virginia Road, Newton SA 5074
FETCHED
Property Details
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Land area
1574m2 -
Floor area
670m2 -
Car spaces
20 -
Property extent
Whole Building -
Zoning
Employment Zone -
Municipality
The City of Campbelltown
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Tenure type
Tenanted Investment -
Sold on
13 Feb 2022
About the Listing
| Date of Auction | 03 Dec 2021 |
|---|---|
| Sale or Lease | For Sale |
| Authority | Auction |
| Primary Listing Agent | Rom Cicchiello |
Tenancy Details
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TenancyTenanted Investment
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Net Income Per Annum$71,145
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Current Occupancy RateFully occupied
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Current Number of Tenants1
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Tenant DetailsParadise Motor (Sales) Pty Ltd
Sale Details
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Sale Price RangeContact Agent
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GSTInclusive
Lease Details
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Rental PA$71,145
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PSM/PA$106
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GSTExclusive
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Current Lease Expiry2027
FETCHED PRIOR TO AUCTION Buy Right and Hold Tight!!
- Leased to Paradise Motors expires 2027
- Dual office & warehouse
- Significant land component
6 Virginia Road, Newton is a rare opportunity to own a highly sought after asset in one of Adelaide’s exclusive industrial precincts, Newton Industrial Park.
Just 11.0 kilometres from the heart of Adelaide this significant allotment on Virginia Road boasts 30 metres in street frontage, as well as 1,574 s.m. of land and a 670 s.m. dual office and warehouse.
The space is currently leased to Paradise Motors(sales) Pty. Ltd. until 2027, providing a stable source of income for potential new owners.
Fetch Property is confident this asset will suit a range of buyers, offering an opportunity to close in on an in-demand land holding with a secure annual income.
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