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Land/Development

32 Chapel Street Norwood, SA 5067

Sold on 7 Feb 2024Floorplan
  • Building: 403m²
  • Land: 848m²
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Land/Development in Norwood

UNDER CONTRACT

  • Building: 403m²
  • Land: 848m²

Ray White South Australia's Commercial Specialist Matt Lazarus is pleased to present for sale this prime freehold asset located at 32 Chapel Street Norwood.

Positioned in one of SA's most tightly held suburbs, this is a rare opportunity to purchase a freestanding commercial office and industrial shed combination on a substantial site area of 848sqm* in the heart of Norwood with excellent future development potential (STNC).

Key Highlights
- Qualifies for stamp duty waiver
- Going concern sale (No GST)
- Torrens Title
- 848sqm land area*
- Solid brick office building area of 158sqm*
- Industrial shed building area of 245sqm*
- Incredible development potential (STNC)
- Leased until 26th February 2024
- Holding income of $80,000 p/a + GST

For a copy of the information memorandum or to arrange an inspection please contact the exclusive listing agent Matt Lazarus on 0430745100

*Approximate area measurement

Disclaimer:
1. None of the Sophon Realty Pty Ltd & Sophon Group Pty Ltd Trading As Ray White Norwood, nor any of their respective officers, employees or consultants ("we, us") make any representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
2. All visual images (including but not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only.
3. The Information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.
4. You should satisfy yourself as to the accuracy and completeness of the Information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain
independent legal, financial and taxation advice. This includes as to whether any price is inclusive or exclusive of GST.
5. We are not valuers and make no comment as to value. "Sold/ leased" designations show only that stock is "currently not available" - not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Building:

403m²

Land:

848m² / 0.21 acres

Zone:

BN Business Neighbourhood

Tenancy:

Tenanted

Categories:

Land/Development, Offices, Industrial/Warehouse

32 Chapel Street, Norwood, SA 5067