30 Waddikee Road and 29 Heath Street, Lonsdale

For Sale
SA
> 2 Certificates of Title
> Multiple workshops totalling 4,699sqm*
> Dual street frontages

EXPANSIVE SITE OF 24,950SQM* WITH INCOME

Colliers is privileged to offer for sale via Private Treaty, 30 Waddikee Road and 29 Heath Street, Lonsdale.

Located 25km* south of the Adelaide CBD, the property provides convenient access to nearby major arterial roads including Lonsdale Road and the Southern Expressway. The property is ideally suited to either an astute investor or future occupier.

The 24,950sqm* landholding is positioned prominently and provides dual access points from both Waddikee Road and Heath Street.

The property will afford the new owner an income until 30 June 2022, with the Lessee (Team Poly Tanks Pty Ltd) having a further right of five (5) years to renew.

Key features of 30 Waddikee Road and 29 Heath Street, Lonsdale include;

• Four workshop areas with a total gross lettable area of 4,699sqm*
• Huge regular shaped site of 24,950sqm*
• Dual street frontages to Waddikee Road and Heath Street
• Future development upside (STNC)
• Current net rental of $205,106.04 plus GST until 30 June 2022 with annual CPI annual increases and a market review upon renewal.
• Zoned Urban Employment in the City of Onkaparinga
• No stamp duty payable

The property is being sold via Private Treaty.

*Approximately

To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.

SIZE: 24,950sqm
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Jay Nash
Agent Headshot
Tom Barrett

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