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621-623 North East Road, Gilles Plains, SA, 5086

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621-623 North East Road, Gilles Plains, SA, 5086

Gilles Plains

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621-623 North East Road, Gilles Plains, SA, 5086
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621-623 North East Road, Gilles Plains, SA, 5086

Gilles Plains

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621-623 North East Road, Gilles Plains, SA, 5086

621-623 North East Road, Gilles Plains, SA, 5086

Properties / Buy / South Australia / Gilles Plains
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
Contact Agent
Land Area
3,480 m² (*approx)
Floor Area
1955 m² (*approx)
Property Type
Retail, Offices, Other
Est. Income
$419,549 p/a
Show All

2. Property Highlights

Large Format Retail Investment on Major Transport Corridor
  • 6.84 year WALE
  • Fully Leased Investment
  • Underpinned by Large Land Holding

621-623 North East Road, Gilles Plains offers a fantastic investment opportunity in the highly desirable large format retail asset class.

An incredible piece of real estate with three street frontages, car parking to the front and ample loading to the rear allowing for efficiencies for customers and tenants alike.

North East Road sees huge traffic numbers as a major transport corridor to and from the Adelaide CBD that sees up to 50,000 vehicle movements per day (Source: location.sa.gov.au)

Some key highlights of the investment are as follows:

- Fully leased LFR asset with two tenancies

- Total GLA of 1,955sqm inclusive of mezzanine areas

- Leased to Autobarn and Cricket For All

- Tenants pay all statutory outgoings (excluding Land Tax), building insurance and property management fees

- WALE (at February 2025) of 6.84 years

- Passing net rental of $419,549pa

- Mix of CPI and 3% rent reviews

- Huge site area of 3,480sqm with three street frontages

- Zoned Employment

For Sale via Expression of Interest (EOI) closing 13th March 2025 @ 4pm.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail, Offices, Other
Est. Income
$419,549 p/a
Wale
6.84 years
Land Area
3,480 m² (*approx)
Floor Area
1955 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
13 Mar 2025 04:00PM
Add to calendar
Selling Details
Contact Agent

2. Property Highlights

Large Format Retail Investment on Major Transport Corridor
  • 6.84 year WALE
  • Fully Leased Investment
  • Underpinned by Large Land Holding

621-623 North East Road, Gilles Plains offers a fantastic investment opportunity in the highly desirable large format retail asset class.

An incredible piece of real estate with three street frontages, car parking to the front and ample loading to the rear allowing for efficiencies for customers and tenants alike.

North East Road sees huge traffic numbers as a major transport corridor to and from the Adelaide CBD that sees up to 50,000 vehicle movements per day (Source: location.sa.gov.au)

Some key highlights of the investment are as follows:

- Fully leased LFR asset with two tenancies

- Total GLA of 1,955sqm inclusive of mezzanine areas

- Leased to Autobarn and Cricket For All

- Tenants pay all statutory outgoings (excluding Land Tax), building insurance and property management fees

- WALE (at February 2025) of 6.84 years

- Passing net rental of $419,549pa

- Mix of CPI and 3% rent reviews

- Huge site area of 3,480sqm with three street frontages

- Zoned Employment

For Sale via Expression of Interest (EOI) closing 13th March 2025 @ 4pm.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Andrew Zammit
Andrew Zammit
+61 *** *** *** show +61 417 814 398
Message
+61 417 814 398 [email protected] Message
Mitch Curnow
Mitch Curnow
+61 *** *** *** show +61 415 494 056
Message
+61 415 494 056 [email protected] Message
Access Dataroom

Download Development Site Report
Andrew Zammit
Andrew Zammit
+61 *** *** *** show +61 417 814 398
Message
+61 417 814 398 [email protected] Message
Mitch Curnow
Mitch Curnow
+61 *** *** *** show +61 415 494 056
Message
+61 415 494 056 [email protected] Message

4. Property Location

621-623 North East Road, Gilles Plains, SA, 5086

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621-623 North East Road, Gilles Plains, SA, 5086 Gilles Plains
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Leedwell Property - Adelaide (RLA 222531)
Leedwell Property - Adelaide (RLA 222531)
Lvl 1, 16 Hutt Street, Adelaide
View Agency Profile
Andrew Zammit
Andrew Zammit
+61 *** *** *** show +61 417 814 398
Mitch Curnow
Mitch Curnow
+61 *** *** *** show +61 415 494 056
Enquire
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