TWO SEPARATE OPPORTUNITIES FOR SALE WITHIN ESTABLISHED INDUSTRIAL ESTATE
5-7 & 9-11 Drury Terrace, Tonsley, South Australia 5042
Industrial / Industrial / Industrial For Sale
Land Area: 12,983.00 m2. Floor Area: 5,925.00 m2.
Walpole Industrial Estate
5-7 & 9-11 Drury Terrace, Clovelly Park is a multi-unit industrial park with a wide range of community titled industrial units. Over the last 6 months Colliers International have sold all of the smaller units to a mix of owner occupiers and investors. There are only two tenancies left for sale.
Unit 8 & 9, 5-7 Drury Terrace provide one leased and one vacant tenancy with a total floor area of 2,400sqm. Tenancy 9 is leased to Griffin Solid Surfaces until 01/05/2019 with 2x1 year rights of renewal. Griffin have also leased unit 10 directly adjacent to their tenancy on the same lease term.
Unit 11 is leased to Fulton Hogan in joint venture with Laing O'Rourke, known as Gateway South Pty Ltd on a lease expiring on 01/08/2019 with 1x1 year right of renewal.
5-7 Drury Terrace Income =
Unit 8 - (VP) Quoting $85,000 pa
Unit 9 - $74,768.89 pa
9-11 Drury Terrace Income =
Unit 10 - $36,000 pa gross
Unit 11 - $157,000 pa gross
Located in the suburb of Clovelly Park on a prominent corner site, the property provides close proximity to the CBD and Adelaide Airport and adjacent to the Tonsley Innovation Precinct.
The property also offers convenient access to nearby major arterial roads including Main South Road, The Southern Expressway and Marion Road.
Large secure site with two street accesses and frontages with easy access to Main South Road.
Large driveways and car park areas with ample loading and unloading areas.
Two larger facilities for sale:
5-7 Drury Terrace, Tonsley - For Sale
Unit 8 - Vacant for Lease
Unit 9 - Leased to Griffin Solid Surfaces on a 1+1+1 year lease from May 2018
9-11 Drury Terrace, Tonsley - For Sale
Unit 10 - Leased to Griffin Solid Surfaces on a 1+1+1 year lease from May 2018
Unit 11 - Leased to Gateway South Pty Ltd (Fulton Hogan) on a 1+1+1 year lease
- Only two units remaining.
- 2 x 2,400 sqm facilities.
- Suit all investors or owner occupiers.
||City of Marion
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