Industrial/Warehouse 62-70 Chapel Street THEBARTON SA 5031 Sale Status SoldUnder Offer Tenure type Tenanted Investment Price Contact agent Land area 2368.00m2 Floor area 2034.00m2 Zoning Urban Corridor Private inspections Contact agent to arrange a private inspection. Value-Add Development Strategic Location Development Upside (up to 6 levels) Holding Income Thebarton is earmarked for substantial growth in the coming years with a recent change in zoning providing significant development uplift in the future. Mixed-use, residential, aged, care, commercial and industrial land uses are proposed, complementing the huge investment in major medical projects adjacent to the CBD and only a few minutes away. The property provides a significant future development opportunity in a thriving inner-city location. The land component measures some 2,368sqm while the improvements are estimated to measure 2,034sqm. The highly functional improvements are currently leased until February 2025 with 2x2 rights of renewal available. A redevelopment clause enables new owners to consider alternate land uses while enjoying holding income. The property is zoned Urban Corridor (Business) allowing for development up to 6 levels (24.5m). Documents 62 70 Chapel St Site Plan Contacts Steve Smith 0410 532 022 Read more Jamie Forwood 0450 959 032 Read more