Sold
Prime Position - Leased Investment
799-805 Main North Road, Pooraka SA 5095
Last Asking Price - $1,800,000
OfficeSize: n/a
Block size: 1908 m² approx.
LJ Hooker Commercial Adelaide is proud to present to the market, 799-805 Main North Road, Pooraka for sale via Public Auction on-site, Friday 22nd March 2024 at 12:00 p.m.
Unlock the potential of a hassle-free investment with this tenanted strip shops nestled in the heart of Pooraka. Secure a steady income stream from day one with a longstanding tenancy mix and lengthy WALE. This property presents a lucrative opportunity for astute investors seeking a low-maintenance addition to their portfolio.
The current tenancy mix includes, Star Discount Pharmacy, Pooraka Medical Clinic, Pooraka Post Office, and Vietnamese restaurant.
Located on the corner of Main North Road and South Terrace with a total site area 1,908 sqm* spread across three Certificates of Title the property offers substantial holding income with potential for further development (STCC).
Key Selling Points:
Complimentary tenancy mix
Land area 1,908 sqm*
Net Lettable Area 583 sqm*
Long term tenants
Value add opportunity
Great street exposure
Prime corner position with easy access
On-site parking
32,100* cars passing daily
WALE of 4.7* years by Area (as at 1 Feb 2024)
Estimated net income of $146,430.00*
Zero Stamp Duty in South Australia
For Sale via Public Auction on-site on the Friday 22nd of March at 12:00pm
For further information contact Rino Pancione 0417 822 987 or Mark Tettis 0433 139 892
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015
Unlock the potential of a hassle-free investment with this tenanted strip shops nestled in the heart of Pooraka. Secure a steady income stream from day one with a longstanding tenancy mix and lengthy WALE. This property presents a lucrative opportunity for astute investors seeking a low-maintenance addition to their portfolio.
The current tenancy mix includes, Star Discount Pharmacy, Pooraka Medical Clinic, Pooraka Post Office, and Vietnamese restaurant.
Located on the corner of Main North Road and South Terrace with a total site area 1,908 sqm* spread across three Certificates of Title the property offers substantial holding income with potential for further development (STCC).
Key Selling Points:
Complimentary tenancy mix
Land area 1,908 sqm*
Net Lettable Area 583 sqm*
Long term tenants
Value add opportunity
Great street exposure
Prime corner position with easy access
On-site parking
32,100* cars passing daily
WALE of 4.7* years by Area (as at 1 Feb 2024)
Estimated net income of $146,430.00*
Zero Stamp Duty in South Australia
For Sale via Public Auction on-site on the Friday 22nd of March at 12:00pm
For further information contact Rino Pancione 0417 822 987 or Mark Tettis 0433 139 892
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015
Inspections
No open inspections scheduled.
Send an enquiry
Contact Rino Pancione to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
1908 m²*
Other Details
Plan Type:
F
Plan:
113052
Parcel Type:
A
Parcel:
43
Legal description:
F/113052/A/43
Maps and area information
Block information
Block size: 1908m² (approx)
Legal description: F/113052/A/43
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
27 Mar 2024
Sold
LJ Hooker Commercial Adelaide
Listed: 23/02/2024
Block size: 1908m²
Transfer type: Full transfer
27 Mar 2024
Sold
LJ Hooker Commercial Adelaide
Listed: 23/02/2024
Block size: 1908m²
Transfer type: Full transfer
27 Mar 2024
Sold
LJ Hooker Commercial Adelaide
Listed: 23/02/2024
Block size: 1908m²
Transfer type: Full transfer
27 Mar 2024
Sold
LJ Hooker Commercial Adelaide
Listed: 23/02/2024
Block size: 1908m²
Transfer type: Full transfer
27 Mar 2024
Sold
LJ Hooker Commercial Adelaide
Listed: 23/02/2024
Block size: 1908m²
Transfer type: Full transfer
Pooraka suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
7,583
Listing ID: 182325565. This listing has been viewed 6 times. It was first displayed on 23/02/2024 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.