947 South Road, Melrose Park

At this address is a unit on a lot in 45/F10391 Melrose Park SA. Constructed in 1985, with 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
722 m2
Building size
224 m2
Council area
Mitcham
Year built
1985
Lot plan
45/F10391 Melrose Park SA
House type
Business: Automotive



HISTORY

Last sold 13/09/2010
$725,000



LISTING DESCRIPTION
as of August 2010

Incredible Opportunity Adjacent Castle Plaza Re Development! Income of approx $40,496 PA plus GST and outgoings (excluding land tax)from 01.10.2010.Currently leased to secure long term tenant GC Motorsycles Melrose Park for on a 5 + 5 + 5 year lease commencing 01.10.2007 with fixed increases of 4% and market reviews.Total land size of approx 722m2 and total improvements of approx 335m2 including canopy of approx 65m2.Zoned Industry Commerce 14 in the City of Mitcham.Dont miss your opportunity to secure this strategic South Road retail investment.Auction on site Thursday the 26th of August 2010 at 11am(Unless sold before)All enquiries Derek Blacker Ph 0413274481RLA 166790/205498