3 Commerce Crescent,
Hindmarsh Valley, SA 5211
Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Car spaces
Tenure type
Sold on
Map of 3 Commerce Crescent
Outstanding Investment Opportunity
An outstanding Commercial investment opportunity presents, with the release of this fully tenanted site. Located on a prime 2,909 m2 corner allotment, the property is home to three long term tenants, as well as one smaller tenancy with a periodic lease.
The tenancies include:
DPTI - 360 sqm
Original Lease 01/06/2016 to 31/05/2018
Lease Extension 01/06/2018 to 31/05/2023
Lease Extension 01/06/2023 to 31/05/2028
Further right of renewal for 5 years
Exercise Physiology South Pty Ltd - 378 sqm
Original Lease 01/08/2022 to 31/07/2025
Further right of renewal of 2 + 2 years
Goods to Go & Café - 198 sqm
Original Lease 01/08/2022 to 31/07/2025
Further right of renewal of 2 + 2 years
Storage Rental - 173 sqm
Periodic rental agreement
Improvements include a large solar system, which is credited against the tenant's power costs. Other improvements include 29 on site car parks, all sheds with high clearance sliding doors for easy access. All tenancy fitouts are the property of the tenants.
The property has been exceptionally well maintained by the current owners and is immaculately presented. The location will also impress, being found in the rapidly expanding Lincoln Park industrial precinct, just opposite the Fleurieu Aquatic Center. Access to the property is just off Waterport Road, the arterial bypass road linking Victor Harbor to Goolwa.
Commercial opportunities of this calibre rarely come onto the market and represent excellent long term value to astute investors.
The tenancies include:
DPTI - 360 sqm
Original Lease 01/06/2016 to 31/05/2018
Lease Extension 01/06/2018 to 31/05/2023
Lease Extension 01/06/2023 to 31/05/2028
Further right of renewal for 5 years
Exercise Physiology South Pty Ltd - 378 sqm
Original Lease 01/08/2022 to 31/07/2025
Further right of renewal of 2 + 2 years
Goods to Go & Café - 198 sqm
Original Lease 01/08/2022 to 31/07/2025
Further right of renewal of 2 + 2 years
Storage Rental - 173 sqm
Periodic rental agreement
Improvements include a large solar system, which is credited against the tenant's power costs. Other improvements include 29 on site car parks, all sheds with high clearance sliding doors for easy access. All tenancy fitouts are the property of the tenants.
The property has been exceptionally well maintained by the current owners and is immaculately presented. The location will also impress, being found in the rapidly expanding Lincoln Park industrial precinct, just opposite the Fleurieu Aquatic Center. Access to the property is just off Waterport Road, the arterial bypass road linking Victor Harbor to Goolwa.
Commercial opportunities of this calibre rarely come onto the market and represent excellent long term value to astute investors.
Additional information
External websites
Hindmarsh Valley, 5211 demographic data
The median household income for Hindmarsh Valley is $1,485, 25% higher than Regional South Australia's household income of $1,190. Hindmarsh Valley has a younger age profile compared to the rest of Regional South Australia (median age 45 vs 47). Property ownership data shows 50% of property owners in Hindmarsh Valley have a mortgage.
648
Population
$1,485 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
0417 833 2...
3 Commerce Crescent
Hindmarsh Valley, SA 5211
Harris Real Estate - South Coast RLA 337539244 Port Elliot Road
HAYBOROUGH, SA 5211
HAYBOROUGH, SA 5211
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