104-106B Sturt Road, Warradale
Best Offers By 31/10 (USP)
overview
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2P2345
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Retail
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For Sale
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466 sqm
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570 sqm
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$9,532.51 Per Year
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$2,918.81 Per Year
Description
Generational Wealth Building Opportunity
Expressions of Interest closing 4.00pm Saturday, 31 October 2026. Unless sold prior.
Now is your chance, to secure a generational wealth building opportunity with the residential and commercial premise located at 102-106B Sturt Road, Warradale. Sold separately, but available together, make use of the potential this site has by way of convenience retail, consultancy, and a whole range of other mixed uses.
104 to 106B Sturt Road is a fully leased strip of seven shops on a single title of approximately 570sqm, on the corner, with two street frontages and continuous exposure to Sturt Road. Known locally as Parker's Place on Sturt, it is an address synonymous with convenience and good owner occupied businesses.
Returning $118,642.80 per annum net* plus GST from six tenants across seven tenancies. Under increases already contracted, that rises to $119,620.82 on 3 November 2026 and $122,620.86 on 1 January 2027, with three CPI reviews falling due on top. Annual CPI reviews apply to six tenancies, with a contracted fixed increase on the seventh. Council rates, emergency services levy and water are recovered from the tenants.
The income is secured. $33,787.44 is held in bank guarantees across the seven tenancies, equal to 28.5 per cent of annual rent, with a personal guarantee held in addition on one tenancy.
The tenant mix is the everyday kind that does not depend on a good month. A hair salon, a skin and beauty clinic, a cafe and plant store occupying two tenancies, a record store, a Chinese restaurant, and a physiotherapy and Pilates clinic. Six separate businesses, six separate trade cycles, no single tenant carrying more than a quarter of the income.
THE LAND UNDERNEATH
The site is zoned Local Activity Centre. That zone sets no minimum site area, no density control and no site coverage limit, and it expressly allows shops, offices and consulting rooms. On a 570sqm corner with two frontages, that gives the holding a second life well beyond its current use. The adjoining property at 102 Sturt Road is available separately, which puts a larger corner holding within reach of a single buyer.
THE LOCATION
Warradale Park Reserve about 250m. Warradale station about 800m. Westfield Marion and the SA Aquatic & Leisure Centre about 1km. Brighton Road about 1km west, Jetty Road Brighton and the beach about 2km. The Adelaide CBD about 12km. Established residential streets on every side keep the trade local and the catchment steady.
HIGHLIGHTS
- No stamp duty payable.
- $118,642.80 per annum net* plus GST, rising to $122,620.86 by 1 January 2027 under contracted increases
- Seven tenancies on one title, fully leased
- $33,787.44 held in bank guarantees, plus a personal guarantee on one tenancy
- Weighted average lease expiry 1.74 years
- Annual CPI reviews on six tenancies, contracted fixed increase on the seventh
- Council rates, ESL and water recovered from tenants
- Six tenants, no single tenancy above 20 per cent of income
- Approximately 392.5sqm of leased area on approximately 570sqm of land
- Corner position, dual street frontage, main road exposure
- Continuous street verandah, landscaped planters, individually air conditioned tenancies
- Zoned Local Activity Centre
- Offered as a going concern
- 102 Sturt Road available separately
Best Offers closing 4.00pm, Saturday 31 October 2026. (Unless sold prior)
*Excludes Land Tax
Tom Taplin
+61 407 330 336
tt@taplin.com.au
Taplin Group of Companies – RLA 1836
Follow us: @tom_taplin @taplin
Disclaimer: The information contained herein has been obtained from sources deemed reliable; however, neither the vendor, Taplin Group of Companies, nor their representatives warrant its accuracy. Interested parties are advised to undertake their own independent enquiries and seek appropriate professional advice to satisfy themselves as to the correctness of each particular. No representation or warranty is given or implied as to the condition, dimensions, land size, improvements, or suitability of the property for any particular purpose. While Taplin Group may engage or refer to third-party platforms such as realestate.com.au for marketing purposes, no financial benefit is derived from any associated inspection or reporting services, and no responsibility is accepted for any errors, omissions, or misstatements arising therefrom.
#Taplin #TaplinGroup #WeAreRealEstate
Now is your chance, to secure a generational wealth building opportunity with the residential and commercial premise located at 102-106B Sturt Road, Warradale. Sold separately, but available together, make use of the potential this site has by way of convenience retail, consultancy, and a whole range of other mixed uses.
104 to 106B Sturt Road is a fully leased strip of seven shops on a single title of approximately 570sqm, on the corner, with two street frontages and continuous exposure to Sturt Road. Known locally as Parker's Place on Sturt, it is an address synonymous with convenience and good owner occupied businesses.
Returning $118,642.80 per annum net* plus GST from six tenants across seven tenancies. Under increases already contracted, that rises to $119,620.82 on 3 November 2026 and $122,620.86 on 1 January 2027, with three CPI reviews falling due on top. Annual CPI reviews apply to six tenancies, with a contracted fixed increase on the seventh. Council rates, emergency services levy and water are recovered from the tenants.
The income is secured. $33,787.44 is held in bank guarantees across the seven tenancies, equal to 28.5 per cent of annual rent, with a personal guarantee held in addition on one tenancy.
The tenant mix is the everyday kind that does not depend on a good month. A hair salon, a skin and beauty clinic, a cafe and plant store occupying two tenancies, a record store, a Chinese restaurant, and a physiotherapy and Pilates clinic. Six separate businesses, six separate trade cycles, no single tenant carrying more than a quarter of the income.
THE LAND UNDERNEATH
The site is zoned Local Activity Centre. That zone sets no minimum site area, no density control and no site coverage limit, and it expressly allows shops, offices and consulting rooms. On a 570sqm corner with two frontages, that gives the holding a second life well beyond its current use. The adjoining property at 102 Sturt Road is available separately, which puts a larger corner holding within reach of a single buyer.
THE LOCATION
Warradale Park Reserve about 250m. Warradale station about 800m. Westfield Marion and the SA Aquatic & Leisure Centre about 1km. Brighton Road about 1km west, Jetty Road Brighton and the beach about 2km. The Adelaide CBD about 12km. Established residential streets on every side keep the trade local and the catchment steady.
HIGHLIGHTS
- No stamp duty payable.
- $118,642.80 per annum net* plus GST, rising to $122,620.86 by 1 January 2027 under contracted increases
- Seven tenancies on one title, fully leased
- $33,787.44 held in bank guarantees, plus a personal guarantee on one tenancy
- Weighted average lease expiry 1.74 years
- Annual CPI reviews on six tenancies, contracted fixed increase on the seventh
- Council rates, ESL and water recovered from tenants
- Six tenants, no single tenancy above 20 per cent of income
- Approximately 392.5sqm of leased area on approximately 570sqm of land
- Corner position, dual street frontage, main road exposure
- Continuous street verandah, landscaped planters, individually air conditioned tenancies
- Zoned Local Activity Centre
- Offered as a going concern
- 102 Sturt Road available separately
Best Offers closing 4.00pm, Saturday 31 October 2026. (Unless sold prior)
*Excludes Land Tax
Tom Taplin
+61 407 330 336
tt@taplin.com.au
Taplin Group of Companies – RLA 1836
Follow us: @tom_taplin @taplin
Disclaimer: The information contained herein has been obtained from sources deemed reliable; however, neither the vendor, Taplin Group of Companies, nor their representatives warrant its accuracy. Interested parties are advised to undertake their own independent enquiries and seek appropriate professional advice to satisfy themselves as to the correctness of each particular. No representation or warranty is given or implied as to the condition, dimensions, land size, improvements, or suitability of the property for any particular purpose. While Taplin Group may engage or refer to third-party platforms such as realestate.com.au for marketing purposes, no financial benefit is derived from any associated inspection or reporting services, and no responsibility is accepted for any errors, omissions, or misstatements arising therefrom.
#Taplin #TaplinGroup #WeAreRealEstate
Features
- Polished Timber Floors
- Close to Schools
- Close to Shops
- Close to Transport
- Creative
- Exhaust
- Existing Fitout
- Heating