Noarlunga

Cnr Beach Road & Goldsmith Drive, Noarlunga, SA, 5168

Property Description

The property is located within the established residential suburb of Noarlunga, approximately 30 kilometres south of the Adelaide central business district. The developed residential suburbs of Hackham West and Noarlunga Downs are situated to the east and north, while the suburb of Port Noarlunga is situated to the west. The site has 150 metres frontage to Beach Road, a main arterial road into Adelaide. Located 1 kilometre south-west of the property is Colonnades Shopping Centre, one of the largest shopping centres in Adelaide. In early 2023, Bunnings advised it would vacate the property at lease expiry. We are considering redevelopment options.

Land area

26,350 m²

The total GLA/retail area

14,784 m²

Bunnings lease commencement date

1/10/1999

Total Property Cost

$10,034,136

Current valuation

$15,000,000

Annual Rent

$1,921,648

Property Location

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