Klemzig

272 - 274 North East Road Klemzig SA

$2,400,000 – $2,500,000

Building Size: 1074 sqm
Type
Office
Contract
Available
Building Size
1074 sqm
Land Size
1814 sqm
Car Spaces
14

Agent

Prime Location with Further Income Opportunities!

City Realty is proud to present 272 - 274 North East Road, Klemzig to the market for Sale, providing an excellent opportunity to acquire an expansive parcel of land spanning approximately 1,814m2.

This highly developable property (STCC) comes offered as a partially Tenant Investment with Development Clauses available to the prospective purchaser and the following key features:

* Impressive Land size of approx. 1814m2
* Current Net Lettable Area (NLA) of approximately 1,074m2
* Generous frontage spanning approximately 32.53m2
* Alternate Development Opportunities possible (STCC)
* Prominently located, with an estimated 42,100 Vehicles passing per day (2019, LocationSAMapViewer)
* Adjacent to Klemzig Village Medical Centre demonstrating proven local demand
* Versatile current use - office, recreation, and storage
* Close proximity to Greenacres Shopping Centre
* Close proximity to High Density Suburban Living areas like Lightsview
* Approx. 8kms from the Adelaide CBD

Current Holding Income is approx. $80k Gross with approximately 640m2 of Leasable Space providing the opportunity for a wonderful balance between yield and future capital growth on the site.

Inspection available by private appointment.

For further information please enquire via this advert or call Cameron Garry on 0458 427 792.

Disclaimer:
RLA 323 903 – This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective tenants or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any leasing decisions. Our privacy policy is available at www.cityrealty.com.au.

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