OFF MARKET

2 Nylex Avenue
Salisbury South SA 5106

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 36828m2
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Property Details for 2 Nylex Ave, Salisbury South

Building Type
Commercial
Land Size
36828m2
Local Government
Salisbury
Lot/Plan
A6/F113390

Last Listing description (November 2020)

- Prices: Nylex Avenue $12,800,000 & Cheviot Road $5,000,000
- Two Blue chip Lessees - Climate Technology and Super AMart
- Two superb structures - warehouse, factory with leantos

- Main factory - 23,411 m2 approx. including leantos
- Warehouse - 4,828m2 approx. including leanto
- Vacant land component - 11,500m2 approximately zoned Industry
- Total Site area 60,600m2 approximately in 2 titles
- Current gross income excluding vacant land - $1,457,677pa gross
- Lease Climate Technology - 7+7 years from 4/7/2018; current rent $1,163,455pa gross
- Lease Super AMart expires 1/12/2020; current rent $294,222pa gross
- Prominent corner vacant site capable of subdivision STCC
- Available as a whole or either title

Amart Furniture was founded in Brisbane, Queensland in 1970 and has grown to become one of the leading furniture, bedding and outdoor retailers in Australia.
Super Amart was founded by billionaire John van Lieshout, who cashed out of the operation by selling to private equity. Quadrant took full ownership of Super Amart after it bought out a 25 per cent stake owned by Ironbridge Capital.
Since then Amart expanded throughout Australia to over 60 stores - mainly in homemaker destination centres across Queensland, Victoria, South Australia, New South Wales and Western Australia.

Climate Technologies is owned by Symphony Limited, one of the world leaders in evaporative cooling with its products sold in 60 countries through 30,000+ retailers and 1000+ distributors around the globe. Symphony have continually been at the forefront of innovation creating futuristic product designs with an international commitment to energy conservation. The Climate Technologies group employs over 200 people nationally covering many diverse roles from engineering, manufacturing, sales and marketing through administration and accounting.

Their products include:

*The Bonaire product includes a range of residential and commercial evaporative coolers as well as a full range of gas ducted and Pyrox branded Wall Furnaces. Bonaire has a brand heritage spanning over 60 years.

*The Celair brand incorporates a range of Celair Profile residential evaporative coolers which have been manufactured in Australia for over 40 years.

*Dadanco Active Chilled Beams incorporate patented technologies to deliver a breakthrough for higher energy efficiency air conditioning using lower air quantities. Dadanco Active Chilled Beams provide efficient, effective and whisper-quiet air conditioning for almost all building types.

Property History for 2 Nylex Ave, Salisbury South, SA 5106

A timeline of how this property has performed in the market
  • 11 Nov 2019
    Listed for Sale SOLD - $10,500,000

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About Salisbury South 5106

The size of Salisbury South is approximately 2.1 square kilometres. It has 4 parks covering nearly 2.4% of total area. The population of Salisbury South in 2006 was 212 people. By 2016 the population was 103 showing a population decline of 51.4% in the area during that time. The predominant age group in Salisbury South is 80-89 years. In general, people in Salisbury South work in a professional occupation..

Salisbury South has 213 properties. Over the last 5 years, Houses in Salisbury South have seen a 97.99% increase in median value. As at 30 November 2024:

  • The median value for Houses in Salisbury South is $799,586 while the median value for Units is $545,085.
There are currently 1 property listed for sale, and no properties listed for rent in Salisbury south on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Salisbury south.

Suburb Insights for Salisbury South 5106

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.