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RWC Adelaide are proud to exclusively present to market, 219-219A Henley Beach Road, Torrensville.
Fully leased, the site represents a rare opportunity to acquire a significant land holding with prime frontage to Henley Beach Road, a key commercial and commuter thoroughfare connecting the Adelaide CBD to the Western suburbs.
This premier asset home to the famous "Italia Pasta Fresca" for over 30 years, offers investors a land rich investment with guaranteed rental growth and significant long-term potential for redevelopment or repositioning (STCC).
Key Investment Highlights:
• Leased to two long standing tenants
• Retail and food manufacturing built form of 440sqm with potential to value-add
• Regular shaped site of 983sqm with great presence to Henley Beach Road
• Zoned Urban Corridor Living - offering exciting mixed use high density development potential (up to 4 levels)
• Fixed rent reviews of 3% and 5%, provide growth, with market reviews at renewal
• Estimated net income of $96,288pa* + GST
219-219A Henley Beach Road, Torrensville is offered for sale by Public Auction, to be held onsite on Friday the 31st October at 11am.
For further information, please contact the exclusively listed agents at RWC Adelaide.
Remember to mention you found this property on CommercialReady
RWC Adelaide are proud to exclusively present to market, 219-219A Henley Beach Road, Torrensville.
Fully leased, the site represents a rare opportunity to acquire a significant land holding with prime frontage to Henley Beach Road, a key commercial and commuter thoroughfare connecting the Adelaide CBD to the Western suburbs.
This premier asset home to the famous "Italia Pasta Fresca" for over 30 years, offers investors a land rich investment with guaranteed rental growth and significant long-term potential for redevelopment or repositioning (STCC).
Key Investment Highlights:
• Leased to two long standing tenants
• Retail and food manufacturing built form of 440sqm with potential to value-add
• Regular shaped site of 983sqm with great presence to Henley Beach Road
• Zoned Urban Corridor Living - offering exciting mixed use high density development potential (up to 4 levels)
• Fixed rent reviews of 3% and 5%, provide growth, with market reviews at renewal
• Estimated net income of $96,288pa* + GST
219-219A Henley Beach Road, Torrensville is offered for sale by Public Auction, to be held onsite on Friday the 31st October at 11am.
For further information, please contact the exclusively listed agents at RWC Adelaide.
Remember to mention you found this property on CommercialReady
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