17-21 Oxenham Street. Dudley Park SA 5008 INFORMATION MEMORANDUM FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 12 JULY 2017 AT 12:00PM (ACST)
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1 17-21 Oxenham Street Dudley Park SA 5008 INFORMATION MEMORANDUM FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 12 JULY 2017 AT 12:00PM (ACST)
2 Contents 01 EXECUTIVE SUMMARY 4 02 LOCATION 6 04 METHOD OF SALE ANNEXURES PROPERTY DETAILS 8 2 Colliers International (SA) Pty Ltd & Leedwell Property Oxenham Street, Dudley Park SA Oxenham Street, Dudley Park SA 5008 Colliers International (SA) Pty Ltd & Leedwell Property 3
3 01 EXECUTIVE SUMMARY Property Address Oxenham Street, Dudley Park South Australia For Most Definite Sale Owner says sell! We recommend your serious consideration of this outstanding opportunity to stamp your presence in one of Adelaide s inner industrial suburbs. A functional building with immediate income potential or reposition, redevelop and add value. With extremely realistic expectations this is an opportunity not to be missed. Property Description Large versatile industrial facility, one of the largest in the precinct, offering functional industrial accommodation so close to the Adelaide CBD. Providing a total improved area of 5,483 square metres on a large secure site of 11,200 square metres (1.127 hectares). This highly versatile industrial facility offers opportunities for owner occupiers and astute investors to add value to the property, which has been in the same ownership for over 20 years. Dudley Park has always been a popular industrial precinct due to its locational advantages and access to road and rail infrastructure. Dudley Park has undergone a massive transformation with both large and smaller industrial refurbishment and redevelopment repositioning the suburbs as one of the best industrial suburbs close to the Adelaide CBD. Location Located in the prime industrial suburb of Dudley Park only five (5) kilometres north of the Adelaide CBD, with easy access to Torrens Road, Churchill Road and Regency Road. As well as easy access to Islington Rail Terminal. Situated on a prime corner of Oxenham Street and Islington Court with access from the rear via LaSalle Street. Legal Description The property is described as Allotment 12 in Deposited Plan in the Area named Dudley Park Hundred of Yatala and contained within Certificate of Title Volume 6135 Folio 169. Zoning The property is situated within the City of Port Adelaide Enfield Council area and zoned Light Industry (LIn). Building Area The combined building area is 5,483 square metres (approximately). Site Area The total site area is 11,200 square metres (approximately). Method of Sale Oxenham Street, Dudley Park is offered For Sale by Expressions of Interest closing Wednesday 12 July 2017 at 12:00pm (ACST) unless sold prior. 4 Colliers International (SA) Pty Ltd & Leedwell Property Oxenham Street, Dudley Park SA Oxenham Street, Dudley Park SA 5008 Colliers International (SA) Pty Ltd & Leedwell Property 5
4 Located in the prime industrial suburb of Dudley Park only five (5) kilometres north of the Adelaide CBD, with easy access to Torrens Road, Churchill Road and Regency Road. The site enjoys easy access to Islington Rail Terminal and the Airport is less than 25 minutes away. Situated on a prime corner of Oxenham Street and Islington Court, the site is also accessed from the rear via LaSalle Street, providing valuable three (3) street access. 02 LOCATION Source: UBD-Gregory s Australian City Streets 2012 DVD Version: Colliers International (SA) Pty Ltd & Leedwell Property Oxenham Street, Dudley Park SA Oxenham Street, Dudley Park SA 5008 Colliers International (SA) Pty Ltd & Leedwell Property 7
5 Legal Description Title Details The property is legally described as Allotment 12 in Deposited Plan in the Area named Dudley Park Hundred of Yatala and contained within Certificate of Title Volume 6135 Folio 169. Please refer to Annexure A for a copy of the Certificate of Title. 03 PROPERTY DETAILS Site Details Large versatile industrial facility, one of the largest in the precinct, offering functional industrial accommodation so close to the Adelaide CBD. Providing a total improved area of 5,483 square metres on a large secure site of 11,200 square metres (1.127 hectares). The total site area is 11,200 square metres approximately. The site is sealed and secure with a large yard to the rear and access from Islington Court, Oxenham Street and LaSalle Street via the Right of Way. Zoning The land is subject to the provisions of the City of Port Adelaide Enfield Light Industry Zone. Please refer to Annexure B for zoning extract. Improvements Estimated areas for the building are: Office 483 square metres Warehouse 4,882 square metres Mezzanine 118 square metres Total 5,483 square metres (approx) 8 Colliers International (SA) Pty Ltd & Leedwell Property Oxenham Street, Dudley Park SA Oxenham Street, Dudley Park SA 5008 Colliers International (SA) Pty Ltd & Leedwell Property 9
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7 04 METHOD OF SALE For Sale by Expressions of Interest For Most Definite Sale Owner says sell! We recommend your serious consideration of this outstanding opportunity to stamp your presence in one of Adelaide s inner industrial suburbs. A functional building with immediate income potential or reposition, redevelop and add value. With extremely realistic expectations this is an opportunity not to be missed. On behalf of the Vendor, Colliers International and Leedwell Property would like to sincerely thank you for your consideration of Oxenham Street, Dudley Park. Colliers International strongly recommends and encourages your consideration of this purchase opportunity. For Sale by Expressions of Interest closing Wednesday 12 July 2017 at 12:00pm (ACST) unless sold prior. Inspections Inspections are strictly by appointment only. Please contact the sole selling agent for an inspection. Exclusive Marketing Agents Colliers International (SA) Pty Ltd Level 9, 121 King William Street ADELAIDE SA RLA Leedwell Property 136 Greenhill Road UNLEY SA RLA Paul Tierney Director Industrial paul.tierney@colliers.com Steve Smith Partner steve.smith@leedwell.com.au 12 Colliers International (SA) Pty Ltd & Leedwell Property Oxenham Street, Dudley Park SA Oxenham Street, Dudley Park SA 5008 Colliers International (SA) Pty Ltd & Leedwell Property 13
8 05 ANNEXURES A CERTIFICATE OF TITLE B ZONING EXTRACT C SITE PLAN E FORM R7 F DISCLAIMER D EXPRESSION OF INTEREST FORM 14 Colliers International (SA) Pty Ltd & Leedwell Property Oxenham Street, Dudley Park SA Oxenham Street, Dudley Park SA 5008 Colliers International (SA) Pty Ltd & Leedwell Property 15
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17 Disclaimer This Information Memorandum has been prepared by Colliers International (SA) Pty Ltd & Leedwell Property for the information of potential purchasers to assist them in deciding whether they are sufficiently interested in the property offered to proceed with further investigation in relation to the property. The information contained in this report does not constitute any offer or contract of sale; it is provided as a guide only; and has been prepared in good faith and with due care. Potential purchasers must take note that the figures and calculations contained in this Information Memorandum are based upon figures provided to us by outside sources and have not been verified by us in any way. We have no belief one-way or the other in relation to the accuracy of such information. Any projections contained in this Information Memorandum represent estimates only and may be based on assumptions that may be incomplete, incorrect or erroneous. Potential purchasers must satisfy themselves in relation to all aspects of the Information Memorandum including development potential and cost; market take up; rent levels; outgoings; and all other matters a prudent purchaser would consider relevant. The Vendor, Colliers, Leedwell, or their employees, agents or representatives will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that a potential purchaser relies upon that is contained in this Information Memorandum or any other marketing material. The property will be traded or sold as is and with all faults, without any representation or warranty as to its condition; fitness for any particular purpose; or compliance with any relevant law. The Vendor reserves the right, at its sole discretion, to postpone or cancel the proposed trade or sale of the property and to modify or add any terms and conditions to any proposed contract, vendor s statement or other material associated with the proposed sale, which may be made available to a potential purchaser.
18 Colliers International (SA) Pty Ltd Level 9, 121 King William Street ADELAIDE SA RLA 204 Leedwell Property 136 Greenhill Road UNLEY SA RLA
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