89 Cavan Road,
Gepps Cross, SA 5094
Warehouse, Factory & Industrial • Offices
Key property information
Land area
Floor area
Zoning
Municipality
Tenure type
Sold on
Map of 89 Cavan Road
SOLD AT AUCTION │ SUPER PREMIUM INVESTMENT
- High quality leased investment.
- Large high-profile site.
- Total passing income $345,000 pa net.
89 Cavan Road, Gepps Cross offers an outstanding and high profile premium investment grade opportunity.
The property is positioned 12 kilometres* north of the Adelaide CBD, within Adelaide’s established inner northern industrial precinct.
• Purpose built to an exceptional standard.
• 7 + 5 + 5 + 5 + 5 + 5 year lease to Bunnings Group Limited.
• Net lease and income with development and leasing upside.
• Extensive land holding of 10,466 square metres (1.046 hectares)*.
• High end quality purpose built improvements of 3,830 square metres*.
• Improved area of 2,910 square metres* leased to Bunnings Group Limited.
• Sealed concrete yard with expansion potential (stnc).
• Zoned Industry within the City of Port Adelaide Enfield.
• Large high-profile site with 36%* site coverage and two street access.
• Total passing income $345,000* per annum net with rental upside and annual fixed increases of 3% with the Bunnings Group Limited Lease.
For Sale by Public Auction Thursday 7 December at 11am onsite.
For more information or to arrange an inspection, please contact the listing agents.
*Approximately.
The property is positioned 12 kilometres* north of the Adelaide CBD, within Adelaide’s established inner northern industrial precinct.
• Purpose built to an exceptional standard.
• 7 + 5 + 5 + 5 + 5 + 5 year lease to Bunnings Group Limited.
• Net lease and income with development and leasing upside.
• Extensive land holding of 10,466 square metres (1.046 hectares)*.
• High end quality purpose built improvements of 3,830 square metres*.
• Improved area of 2,910 square metres* leased to Bunnings Group Limited.
• Sealed concrete yard with expansion potential (stnc).
• Zoned Industry within the City of Port Adelaide Enfield.
• Large high-profile site with 36%* site coverage and two street access.
• Total passing income $345,000* per annum net with rental upside and annual fixed increases of 3% with the Bunnings Group Limited Lease.
For Sale by Public Auction Thursday 7 December at 11am onsite.
For more information or to arrange an inspection, please contact the listing agents.
*Approximately.
Gepps Cross, 5094 demographic data
The median household income for Gepps Cross is $1,375, 11% lower than Greater Adelaide's household income of $1,548. Gepps Cross has an older age profile compared to the rest of Greater Adelaide (median age 41 vs 39). Property ownership data shows 42% of property owners in Gepps Cross have a mortgage.
648
Population
$1,375 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
04011450...
89 Cavan Road
Gepps Cross, SA 5094
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
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