Fully Leased | Mixed Use Complex | 1,710sqm*

On behalf of the vendor, Matt Lazarus from Ray White Norwood Commercial Division, has exclusive privilege to present this exciting opportunity to acquire this fully leased commercial complex by way of expression of interest.

- 3 quality tenants comprising Medical Centre, Japanese Restaurant and Doggy Day Care.
- Total gross lettable area 595sqm*
- Total site area 1710sqm*
- Total net annual income = $72,941.55 p.a. plus GST
- Zoning - Mixed Use Commercial Centre

The property will be sold by way of expression of interest with best offers submitted by 16th August 2022 (unless sold prior).

For a copy of the Information Memorandum, or to arrange an inspection please contact Matt Lazarus from Ray White Norwood - Commercial Division on 0430745100

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:
Council | Marion
Zone | E - Employment\\
Land | 1,710sqm(Approx.)
Floor Area | 595sqm(Approx.)
Built | 1996

Rates:
City of Marion Council Rates | $7,421.50 p.a (Approx.)
Emergency Services Levy | $1,638.35 p.a (Approx.)
Land Tax|$8,427.50 p.a (Approx.)
Insurance| $3,210 p.a (Approx.)
Total |$20,697.35 p.a (Approx.)

Financial Summary
Total Annual Passing Income | $89,344.46 (2022) p.a (Approx.)
Total Annual Outgoing Payable By Owner|$16,402.91 (2022) p.a (Approx.)
Total Annual Net Income | $72,941.55 p.a (Approx.)

Norwood RLA 278530

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School catchments

Edwardstown Primary School Primary R-6 Government 0.53km
St Anthony's School Primary R-6 Catholic 0.68km
Sports College South Australia - Edwardstown Oval Secondary Independent 1.1km
Emmaus Christian College Combined R-12 Independent 1.4km
Forbes Primary School Primary R-6 Government 1.5km
Sports College South Australia - Glandore Recreation Centre Secondary Independent 1.5km
Cabra Dominican College Combined 7-12 Catholic 1.6km
Black Forest Primary School Primary R-6 Government 1.7km
Westbourne Park Primary School Primary R-6 Government 1.9km
St John the Baptist Catholic School Primary R-6 Catholic 2.2km
Plympton Primary School Primary R-6 Government 2.2km
Sacred Heart College - Champagnat Campus Combined Catholic 2.3km
Colonel Light Gardens Primary School Primary R-6 Government 2.4km
Ascot Park Primary School Primary R-6 Government 2.4km
St Therese School Primary R-6 Catholic 2.4km
Springbank Secondary College Secondary 7-12 Government 2.5km
Clovelly Park Primary School Primary R-6 Government 2.6km
Plympton International College Combined R-12 Government 2.6km
Hamilton Secondary College Secondary 7-12 Government 2.7km
Sports College South Australia - Mitchell Park Campus Secondary Independent 3.0km
Dara School Combined R-10 Independent 3.0km
Mitcham Girls High School Secondary 7-12 Government 3.4km
Immanuel College Secondary 7-12 Independent 3.4km
Westminster School Combined R-12 Independent 3.5km
Walford Anglican School for Girls Combined R-12 Independent 3.8km
Scotch College - Torrens Park Campus Combined R-12 Independent 3.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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