VERSATILE WAREHOUSE / LEASED INVESTMENT

Ray White is pleased to present an opportunity to secure a freestanding warehouse & office facility located in the tightly held Newton precinct. This tenanted investment boasts healthy passing income and potential future development upside zoned residential regeneration.

- Total building area 510sqm
- Total site area 740sqm
- Net annual income = $56,100 p.a. plus GST plus outgoings
- Lease term - 3 years commencing July 1st 2022
- Renewal option - 3 years
- Zoned Residential

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

Property Details:
Council | Campbelltown
Zone | GN - General Neighbourhood\\
Land | 740sqm(Approx.)
House | 510sqm(Approx.)
Council Rates | $1,588 p.a (Approx.)
Water | $1,035.88 p.a (Approx.)
ESL | $1,105.20 p.a (Approx.)
Insurance | $2,199.00 p.a (Approx.)
Annual Outgoings Total | 5,927.88 p.a (Approx.)

Norwood RLA 278530

Explore the area

School catchments

St Francis of Assisi School Primary R-6 Catholic 0.54km
Charles Campbell College Combined R-12 Government 0.58km
Paradise Primary School Primary R-6 Government 1.0km
Sunrise Christian School Paradise Primary R-6 Independent 1.3km
Thorndon Park Primary School Primary R-6 Government 1.6km
East Torrens Primary School Primary R-6 Government 1.7km
Stradbroke School Primary R-6 Government 1.8km
Saint Ignatius' College - Senior School Campus Combined R-12 Catholic 1.8km
Dernancourt School Primary R-6 Government 1.9km
St Joseph's School Primary R-6 Catholic 2.2km
Athelstone School Primary R-6 Government 2.3km
East Marden Primary School Primary R-6 Government 2.3km
Kildare College Secondary 7-12 Catholic 2.5km
Morialta Secondary College Secondary 7-10 Government 2.5km
Rostrevor College Combined R-12 Catholic 2.6km
Avenues College Combined R-12 Government 2.7km
St Pius X School Primary R-6 Catholic 3.4km
Pinnacle College - Gilles Plains Campus Combined Independent 3.7km
St Paul's College Combined R-12 Catholic 4.0km
Marden Senior College Secondary 11-12 Government 4.2km
Open Access College Combined R-12 Government 4.2km
Torrens Valley Christian School Combined R-12 Independent 4.4km
Heritage College Incorporated Combined R-12 Independent 4.5km
Norwood International High School Secondary 7-12 Government 4.5km
Cedar College Combined R-12 Independent 4.8km
Modbury High School Secondary 7-12 Government 4.9km

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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