Raine & Horne Commercial SA are delighted to present this highly visible multi tenanted property with massive upside.
The property is located some 10 km north of the Adelaide CBD in a tightly held industrial precinct with easy access to the North South Corridor and Northern Expressway.
FOR SALE BY EXPRESSION OF INTEREST: CLOSING 12 NOON TUESDAY 19TH NOVEMBER 2024 (USB)
Exceptional land holding. Long term leases, three tenancies. Estimated annual rental $318,285 ex GST
Key Features
• Net Lettable Area of 3642 sqm approx.
• Long term development potential
• High Visibility Site
• Strong Lease covenants
All Areas/dimensions approximate
RLA 283100
The size of Dry Creek is approximately 26.7 square kilometres. There are 6 parks, covering nearly 8.2% of the total area. The population of Dry Creek in 2016 was 228 people. By 2021 the population was 232 showing a population growth of 1.8% in the area during that time. The predominant age group in Dry Creek is 20-29 years. Households in Dry Creek are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dry Creek work in a trades occupation.In 2021, 70.80% of the homes in Dry Creek were owner-occupied compared with 57.40% in 2016.
Dry Creek has 453 properties. Over the last 5 years, Houses in Dry Creek have seen a 106.80% increase in median value, while Units have seen a 93.28% increase. As at 31 August 2026:
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