Set within Melrose Park's industrial precinct zoned as Strategic Employment (SE) on the corner of Bennet Ave and Jordon Rd and in a group of 4 equally proportioned Warehouse/ Offices, lies this fantastic investment opportunity.
Features include:
- Total Building Area: 301.6 sqm*
- High Clearance roller door rear access
- Front customer and rear staff carparking
- Freshly renovated with new purpose built office fit-out, kitchen and amenities
- Tenanted to Cornell Design @ $49,646.72 p.a. + GST
- Outgoings payable by Tenant (Council, Water, ESL, Management, Insurance)
- Tenants have recently invested in solar panels on the building creating operational efficiency and minimizing their carbon foot-print.
Rates and Levies:
Council Rates: $3,983.30 per annum
ESL: $928.90 per annum
SA Water: $254.39 per quarter + usage
Strata Levy: $1,018.81 per quarter
Request a copy of our Information Memorandum from the listed Agents.
*approx.
Property Code: 2503
The size of Melrose Park is approximately 1.3 square kilometres. It has 4 parks covering nearly 1.5% of total area. The population of Melrose Park in 2011 was 2,134 people. By 2016 the population was 2,219 showing a population growth of 4.0% in the area during that time. The predominant age group in Melrose Park is 30-39 years. Households in Melrose Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation. In 2011, 66.6% of the homes in Melrose Park were owner-occupied compared with 68.2% in 2016.
Melrose Park has 1,192 properties. Over the last 5 years, Houses in Melrose Park have seen a 79.62% increase in median value, while Units have seen a 81.30% increase. As at 30 November 2024:
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