$890,000

FOR SALE
300/166 PARK TERRACE, SALISBURY PLAIN

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LEASED INVESTMENT-----OFFICE/WAREHOUSE/RETAIL

THE PROPERTY IS LOCATED APPROXIMATELY 15 KILOMETERS NORTH OF THE ADELAIDE CBD AND SITUATED IN AN ESTABLISHED COMMERCIAL HUB. ROI is 7.75% net
CURRENT Lessee term approx. 4 years plus 2x ROR 3yr terms
SURROUNDING BUSINESSES INCLUDE A MIXTURE OF OFFICE/WAREHOUSES, FACTORIES, LIGHT INDUSTRIES AND BULKY GOODS SERVING THE NORTHERN REGIONS. THE PROPERTY FRONTS PARK TCE AND IS SITUATED ON A HIGH TRAFFIC ARTERIAL ROAD, APPROXIMATELY 400M FROM MAIN NORTH RD AND WITH DIRECT ACCESS TO THE SALISBURY CENTRE.
THE SITTING TENANT HAS OCCUPIED THE PREMISES FOR 6 YEARS AND IS WELL ESTABLISHED IN HIS BUSINESS.
INSPECTIONS-PH STEVE WEBBER 0418833573

  • Property ID: 3362
  • Occupancy: LEASED
  • Whole or Part Building: WHOLE
  • Frontage: s
  • Municipality: SALISBURY
  • Available: Available: Now
  • Term of Lease: 4 Fortnights
  • Zoning: Commercial
  • Property type: INDUSTRIAL / WAREHOUSE
  • Listing type: FOR SALE
  • Office Area: 48 Square
  • Land Size: 568 Square
  • Warehouse Size: 223 Square
  • Buiding Area:568 568 Square
  • Carspaces: 8
  • Outgoings (pa): $8
  • Outgoings Paid by: TENANT