599-601 Magill Road, Magill, SA 5072

Collins Bateman is pleased to present 599–601 Magill Road, Magill for sale by Expression of Interest, offering investors the opportunity to acquire a fully leased mixed-use investment comprising three tenancies across commercial and residential accommodation.

Prominently positioned along Magill Road, the property is anchored by national fitness brand KX Pilates on the ground floor, with Dianne Versace Fitness occupying the first floor and a two-bedroom residential apartment on the second floor.

The property generates a combined passing rental income of approximately $98,941 per annum (exclusive of GST where applicable), with both commercial leases incorporating annual CPI rent reviews.

Key Investment Features
• Fully leased mixed-use investment comprising three income streams
• Total Net Lettable Area (NLA) of approximately 377m²*
• Substantial landholding of approximately 700m²*
• Combined annual passing rental income of $98,941*
• Ground floor leased to national fitness brand KX Pilates until November 2028
• Well appointed two bedroom apartment with balcony 
• Annual CPI rent reviews applicable to both commercial tenancies
• Prominent Magill Road frontage offering excellent exposure
• Opportunity for additional advertising income through billboard signage on the building's eastern elevation (STCA) *Refer to Artist's Impression Image*
• Driveway access and rear on-site car parking
• Established eastern suburbs location, approximately 8.4km from the Adelaide CBD

With established commercial occupiers, residential income and the potential for additional advertising revenue, the property presents an attractive opportunity to secure a diversified investment in Adelaide's eastern suburbs.

For Sale by Expressions of Interest closing Thursday, 26 November 2026 at 4:00pm ACDT.

For further information or to arrange an inspection, please contact the exclusive selling agents at Collins Bateman.

All areas and financial information are approximate. STCA – Subject to Council Approval.