949-957 South Road,
Melrose Park, SA 5039

Showrooms & Large Format Retail

Key property information

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Floor area

Parking info

Property extent

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Map of 949-957 South Road

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OUTSTANDING INVESTMENT

LEASED TO "THE GOOD GUYS"
Prominent South Road location adjacent to Castle Plaza Shopping Centre. Lease term 8 years from December 2005 plus 3 x 7 year Rights of Renewal. Current net annual rental ext $309,057 per annum. Modern retail showroom of 2,043 sqm. Substantial land area of 4,516 sqm with 87m frontage to South Road. On site parking for approx 60 vehicles.

Melrose Park, 5039 demographic data

The median household income for Melrose Park is $1,583, 2% higher than Greater Adelaide's household income of $1,548. Melrose Park has a younger age profile compared to the rest of Greater Adelaide (median age 38 vs 39). Property ownership data shows 50% of property owners in Melrose Park have a mortgage.

2,319

Population

$1,583 per week

Median household income

38 years

Median age

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