1/2 Glen Osmond Road

Parkside SA 5063

Great investment
Central position
Downstairs, prominent street frontage
Kitchenette
Bathroom
NBN: Yes - FTTP. High speed access
Excellent Security
Car Parking: 3 allocated parks

Welcome to a unique offering which is 1/2 Glen Osmond Road, Parkside - ideal for a small business that offers 3 separate offices plus reception, a brilliant work-from-home option, or potentially a residential home unit (stnc) - all very appealing to the astute investor. Your choice.

Rare opportunity. Ground floor. 3 offices/bedrooms. Community Titled. Zoned Urban Corridor (mixed use). Council Rating - Commercial. Onsite parking for three vehicles.

A very well-presented property that perfectly balances modern working/living with a very convenient location. This well-maintained property, constructed early 2000's, offers a comfortable and inviting atmosphere for a myriad of buyers.

There are 2 stand-out options:

a) Run a Business: At this price - why lease a property! This unit offers commercial use while the remainder of the units in the group are residential. The property has been successfully utilized as professional business premises, showcasing 3 separate offices plus the reception and waiting area. Fronting Glen Osmond Road.

b) Perfect Work from Home opportunity: Save yourself having to rent or buy separate rooms/offices when you can run your business from your home! (stnc)

It has also been rented out as a 3-bedroom home unit previously. This position is hard to beat - conveniently located close to public transport, shopping, the south parklands, restaurants, the city and much more. Note: the kitchenette has no cooking facilities, just power and water.

There is a well-appointed bathroom. Ducted reverse-cycle air-conditioning plus a split system. Neutral colors throughout. The unit's layout maximizes space and natural light, creating a welcoming environment.

Enjoy the convenience of open parking spaces for 3 vehicles, ensuring you and your clients have easy access in and out.

With a price guide of $590,000 - $630,000, this property presents an excellent opportunity for a diverse field of buyers, including investors looking to expand their portfolio with a property that presents options.
Commercial rental assessment: $400 p sq m, $30,000 net apx. p.a. plus outgoings.
Previously rented as a residence at approx. $28,000 per annum. The property has been improved since.

Don't miss your chance to own this versatile unit in a sought-after location. Contact Stephen Venn today for more information or to schedule a viewing.

Community Titled
Council: City of Unley
Council Rates: $1,906.95 p.a.
SA Water Rates: $705.20 p.a.
ESL: $496.75 p.a.
Community Rates - Note - includes building insurance:
Admin $1042.78 p.q. Sinking Fund $461.99 p.q.
Funds in credit: Apx. $95,000.
Rental assessment: $400 p sq m, $30,000 net (apx.) p.a. plus outgoings.

Disclaimer: The information contained in this listing has been obtained from sources considered reliable. However, no guarantee is provided as to its accuracy, and no responsibility is accepted for any errors or omissions, including (but not limited to) details relating to land size, floor plans and measurements, building age, or condition. Interested parties are encouraged to conduct their own investigations to verify the information provided. If this property is scheduled for auction, the Vendor's Statement will be available for inspection at our Harcourts Sheppard office for three consecutive business days immediately prior to the auction and at the auction for 30 minutes beforehand. RLA 324145