600 & 602 Port Rd & 3 Coombe Road, Allenby Gardens SA 5009

Well regarded & iconic South Australian company site is now for sale after 62 years of successful business. (Site includes 2 titles on Port Road including a 3rd at the rear off Coombe Road.)
With an impressive prime land holding of over 1700 square metres & 2 valuable street frontages of 31.7 metres, it presents the fortunate purchaser with many options to develop or re-develop with residential housing or a combination of residential & commercial use up to three stories high.
Located in the versatile Precinct 47 Mixed Use zone of the Charles Sturt council allows for a more flexible & variety of uses. There is 3 separate titles which make up the site & has the potential to construct an array of residential & commercial dwellings, subject to council consents….or for business owners, it’s possible to realise a healthy commercial income which could return somewhere between a 5% and 5.8%.
The current site features 2 original homes with partitioning, office space, staff amenities & storage facilities all combined with a central despatch roller door. These facilities have been converted , extended & modified over the years to accommodate this healthy & growing business. There is also a rear car park facility off Coombe Road which would easily house a dozen vehicles & trucks or would double as a new home site!
A superb opportunity in a prominent locality with a very bright future!
• 600 Port Road, Allenby Gardens 628sq/m
• 602 Port Road, Allenby Gardens 628sq/m
• 3 Coombe Rd, Allenby Gardens 444sq/m
‘Expressions of Interest’ (Contact agents for details)