457 Greenhill Road, Tusmore, SA 5065

Leedwell Property are pleased to bring to market, a portfolio of commercial properties in the affluent suburb of Tusmore. Tusmore benefits from a median house price (REA Group, YTD April 2024) of $2,045,000 further underpinning the value of the even scarcer commercial holdings in the area.

457 Greenhill Road, Tusmore the former home of Scarce Real Estate and now Magain Scarce Real Estate has been part of the fabric of Greenhill Road for some 40+ years. More recently, the premises has been split into two tenancies now accommodating a further tenant Property Inspections Australia.

This passive investment offers the following features:
- 610sqm* land area
- Fantastic main road frontage and presence 
- Two tenancies comprising a total building area of 306sqm GLA
- Local Activity Centre zone
- Net Rental $117,290pa*
- Both tenants pay outgoings including property management, insurance and all utilities; (excluding land tax)

This investment property is one of four being offered for genuine sale via an Expressions of Interest campaign closing Thursday 26th September 2024 @ 4pm. Expressions of Interest.  Expressions of Interest may be submitted separately for the respective properties, a combination of the properties or for all four properties in one line.

* = approx