156A & 162 Grand Junction Road, Rosewater, SA, 5013

McGees Property is pleased to offer for sale by Expressions of Interest 156A Grand Junction Road and 158-164 Grand Junction Road, Rosewater.

These well positioned medical and retail investments offer the discerning investor the security of a general practitioner as the anchor tenant on one site and three retail tenancies on the adjoining site.

156A Grand Junction Road:

- Fully leased to Grand Health Medical Centre

- Annual rental $170,501 p.a.*

- Tenant pays all outgoings

- Secure parking from Addison Road

- Site area of 1,114 sqm*

158-164 Grand Junction Road:

- 3 refurbished commercial tenancies

- Imputed rent of $67,758 p.a.*

- Building area of 338 sqm*

- Site area of 757 sqm*

- Corner of Addison and Grand Junction Roads

The key features of this offering include:

- A quality investment opportunity

- High profile corner location with two street frontages

- Potential to purchase both sites with total site area of 1,871sqm*

- Long term development potential

- Excellent access

The properties are offered for sale separately or as a whole.

Expressions of Interest close on Tuesday 12 December 2023 at 4pm.

For further details or to arrange an inspection of 156A Grand Junction Road and 158-164 Grand Junction Road, Rosewater contact James Juers or Tim Pozza of McGees Property (RLA 1722).

(* approx. Any outlines are indicative only)

Remember to mention you found this property on CommercialReady