248-262 Marion Road, Netley, SA 5037

Industrial/Warehouse
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Published on: 15 Oct 2024
Last updated on: 21 Oct 2024
248-262 Marion Road, Netley, SA 5037
248-262 Marion Road, Netley, SA 5037
248-262 Marion Road, Netley, SA 5037
+7
248-262 Marion Road, Netley, SA 5037
  • 7
Property ID: 504713200
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Key property information

Land Size
38,654.00 m2
Floor Area
19,469.00 m2
Tenure Type
tenanted

MULTI-TENANTED INFILL INDUSTRIAL ASSET – MULTIPLE VALUE-ADD OPPORTUNITIES

248-262 Marion Road, Netley, SA 5037
Cushman & Wakefield Capital Markets Logistics & Industrial is pleased to offer for sale 248-262 Marion Road, Netley, South Australia.

A secure multi-tenanted investment with strong short-term rent reversion potential and immediate development capability, the property offers a rare opportunity to acquire a significant infill site in a premium inner south-west precinct neighbouring Adelaide International Airport.

Key Investment Highlights include:
•	3.9* hectare high profile corner site with extensive main road frontage of 161 metres*
•	Premium Inner South-West infill location adjacent to Adelaide International Airport and only 5kms* from the CBD
•	Net income of approximately $1.7m* with significant rental reversion upside (Estimated net market income of $2.6m*)
•	Immediate development potential to the undeveloped area of approximately 6,400 sqm* to the rear of the site (STCA)
•	Future redevelopment/repositioning opportunity for the site to a higher and better use (STCA)
•	No stamp duty applicable for industrial property in South Australia


The property is being offered via an Expressions of Interest campaign closing 3pm (AEDT) Tuesday 12th November 2024.

For further information please contact the below exclusive marketing agents.

*approx
RLA 315726

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
On Market
Land Size
38,654.00 m2
Address
248-262 Marion Road, Netley, SA 5037
Adrian Rowse
Tony Iuliano
Chris Jones
Level 9, 385 Bourke Street, Melbourne, Vic 3000
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Contact Agent

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street, Melbourne, Vic

Adrian Rowse
Adrian Rowse
Tony Iuliano
Tony Iuliano
Chris Jones
Chris Jones

Cushman & Wakefield (RLA 315726) - Adelaide

Level 1, 123 Pirie Street, Adelaide, SA

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      Property ID: 504713200

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