186 Main South Road,
Morphett Vale, SA 5162

Offices • Shops & Retail • Medical & Consulting

Key property information

Floor area

Parking info

Property extent

Municipality

Tenure type

Sold on

Map of 186 Main South Road

Directions

IDEAL COMMERCIAL INVESTMENT - SOLD

Established business on five year lease expiring July 2021, plus three year renewal option

Current rent $26,780 per annum (from 1 August 2017), plus outgoings with a 3% increase per year.

Self-contained building on Torrens Title of approx. 188 Sq², including store room, two bathroom amenities and kitchenette.

Fully carpeted, reverse cycle air conditioning and alarm system in place

Located in a busy commercial centre with ample parking for staff and visitors.

Valuable rear access for deliveries and extra parking.

The government has cut stamp duty for commercial properties so now is the time to buy.

Additional information

Documents

Form R7.pdf 186 Main South Rd.pdf

Morphett Vale, 5162 demographic data

The median household income for Morphett Vale is $1,199, 23% lower than Greater Adelaide's household income of $1,548. Morphett Vale has an older age profile compared to the rest of Greater Adelaide (median age 40 vs 39). Property ownership data shows 59% of property owners in Morphett Vale have a mortgage.

24,002

Population

$1,199 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households

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