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RLC Property -  RLA213047
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2-20 Magill Road Norwood, SA 5067

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For Sale - Expression of Interest

2-20 Magill Road Norwood, SA 5067

Development Sites & Land • Shop & Retail • Warehouse, Factory & Industrial
Sale Price

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Land area

1.37ha (3.37 acres)

Floor area

8323.0m²

Zoning

Urban Corridor Zoning (Boulevard Policy Area 14.1)

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,171,121
Number of Tenants
11 Tenants

A BLUE CHIP, TRIPLE FRONTED, 4 TITLED, CORNER DEVELOPMENT SITE WITH SIGNIFICANT HOLDING INCOME

  • THREE (3) STREET FRONTAGES
  • FOUR (4) TITLES ACROSS 13,650SQM
  • RETURNING $1,171,121.33 PER ANNUM
RLC Property as selling agents and Jones Real Estate as Transaction Manager are pleased to present 2-20 Magill Road, Norwood - For Sale via Expressions of Interest closing Wednesday 7th August 2019 at 12pm.

2-20 Magill Road is an expansive corner site with three (3) street frontages across four (4) titles. Adelaide's city centre is within walking distance or a short 5 minute drive away. The area provides peerless city access and direct connection to two major roadways.

Key features include:

- Located in Norwood approximately 2km north east of Adelaide's CBD
- Positioned at the corner of Magill Rd, Fullarton Rd, Chapel St, North Terrace & Payneham Rd
- Comprising of nine (9) individual tenancies with a combined GLA of 8,323sqm*
- Returning $1,171,121.33 per annum*
- Significant development potential of up to 10 levels^
- Four (4) titles across 13,650sqm* of site area
- Direct access to Adelaide's CBD
- Urban Corridor zoning (Boulevard Policy Area 14.1)

*approx
^subject to development approval

Please contact Peter Fried of RLC Property on 0418 821 431 to co-ordinate an inspection and for further information.

RLC Real Estate RLA 213047

Property ID: 503256962Last Updated: 14 Aug 2019

RLC Property -  RLA213047
2-20 Magill Road
Norwood, SA 5067
Peter Fried

RLC Property - RLA213047

PO Box 413 Post Office
NORTH ADELAIDE, SA 5006

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RLC Property -  RLA213047

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RLC Property - RLA213047

PO Box 413 Post Office
NORTH ADELAIDE, SA 5006
Jones Real Estate - MELBOURNE

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Jones Real Estate - MELBOURNE

Level 2, 90 William Street
MELBOURNE, VIC 3000
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Peter Fried

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Peter Fried
RLC Property - RLA213047
2-20 Magill Road Norwood, SA 5067

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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