U1 33-41 Magill Road

Asset Type

Retail

Address
U1 33-41 Magill Road Stepney, SA Australia 5069
Asking Price

Contact for pricing

Sq Footage

12,174

Year Built

2005

Cap Rate

N/A

Additional Attributes

Property Description

JLL is pleased to present for sale Unit 1, 33-41 Magill Road, Stepney, SA – a fantastic inner eastern investment with a five-year lease to an established business. Situated 2km east of the Adelaide CBD in a fantastic location fronting Magill Road, this property is a highly sought-after commercial precinct surrounded by some of Adelaide’s most desirable suburbs and accommodates valuable secure on-site car parking for staff and customers.


The 5-year lease term to Datacord SA underpins this offering, and combined with its tightly held eastern suburbs location, provides a solid investment opportunity.


Unit 1, 33-41 Magill Road, Stepney is offered for sale by Private Treaty.


Please contact exclusive selling agents JLL to arrange an inspection or for further information. 

RLA 1842


Investment Highlights

·        5-year lease term with the Lessee responsible for all outgoings (excluding land tax)

·        Modern refurbished showroom, office and warehouse space efficiently laid out 

·        Leased to Datacord SA - a business with over 25 years’ experience in South Australia

·        Current rent $213,000* per annum plus GST and outgoings

·        The flexible layout provides plenty of opportunity in the longer term to reposition the property including glazing of the facade to attract higher value users such as retail or medical consulting


Listing Contacts
Jed Harley
Manager, Sales & Investments - SA
+65 3159 4021
Tom Bailey
Sales Executive
+65 3159 4021
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