616 SOUTH ROAD Glandore

Raptis Real Estate is pleased to present the opportunity to purchase 616 South Road, Glandore. Our vendor is seeking all clever investors whom seek to size up this profitable bundle or experienced developers to capitalize on its scope for redevelopment (STCC) with direct South Road frontage of some 22.7m.

The potential is as lucrative as its 994 sqm landholding so query City of West Torrens Council on possible redevelopment rulings in these parts, given the property’s generous frontage and 43m depth, its future could re-write itself…

The here and now offers three glass “shop front” entry points with provisions for 3 tenancies of huge, light and airy shop facades, as 70 sqm* portion of Unit 1 is currently leased with flexible lease terms making vacant possession possible for any new owner occupier. It’s now or never to secure over 300 sqm* immediately as you can seek the potential to occupy a portion and or to lease and enjoy some handsome rental returns!

Treat Yourself To A Fantastic Investment As Significant Features Include:
– 11 onsite car parks accessed via South Road
– Roller door access to the loading dock/workshop area
– 3 bathrooms (female and male within common area & universal bathroom in Unit 2)
– Easy to reconfigure the existing layout to accommodate your desired office/workshop ratio
– Fully Carpeted throughout
– Without easements or registered encumbrances
– A prime and once in a lifetime opportunity location

Glandore is the latest development hotspot in Adelaide’s as it is one of the most exciting up and coming suburbs, just minutes to some of SA’s most beautiful beaches, close proximity to the CBD and Westfield Marion Shopping Centre only a short commute away.

This property is sure to get your vote with its city convenience and the sea poised in perfect balance.

Specifications:
CT / 5830/484
Council / City of West Torrens
Zoning / Zoned R’20 Residential (commercial office/retail showroom use
Land / 997m2
Internal / 397 sqm* of lettable area
Frontage / 22.7M
Depth / 43.8M