SOLD
503A-503D Lower North East Road, Felixstow, SA 5070
Prime North East Location – Fully Leased Multi-Tenanted Investment
McGees Property Adelaide is excited to present to the market 503A-503D Lower North East Road, Felixstow comprised as four fully leased retail/medical tenancies. This property offers an exceptional opportunity for investors to secure a strategically located eastern Adelaide asset in a high exposure precinct.
Key Highlights include:
- Retail/medical of 345 sqm* total
- Fully leased to four tenants, providing a total rental of $91,179 per annum* net
- Ample on-site car parks, totalling 17 parks
- 1,022 sqm* Torrens Titled allotment
- Zoned Suburban Activity Centre
- High profile position with exposure to 41,500* vehicles passing daily on Lower North East Road
- 6km* from Adelaide CBD
- No stamp duty payable on commercial transactions in South Australia
For sale by Public Auction to be held on-site on Thursday 12 June 2025 at 11am.
For further details or to arrange an inspection of 503A-503D Lower North East Road, Felixstow please contact Michael Dimasi or Yee Ng of McGees Property (RLA 1722).
(* approx.)
Property Info
Municipality
Felixstow
AUCTION
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