2/74 Park Terrace

Salisbury SA 5108

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this high-quality office space in the heart of Salisbury with a tenancy already in place paying $2,000 per month until 30 June 2025. Take advantage of the Stamp Duty Exception when purchasing a Commercial Property.

The property offers a main shop front with five additional private offices, a storage area, spacious break room, as well as kitchen and bathroom facilities. There is ample parking available in the shared carpark, as well as street parking close-by if required. Exposure to foot traffic is ensured with a location on the corner of Park Terrace and Commercial Road. Reap the benefits of continuing to lease the space on the current lease in place or establish your own business.

The current Tenant is responsible for all charges associated with the consumption of services supplied to the Premises including electricity, water supply rates, sewer rates, water usage, telephone, internet and any excess garbage charges.

Key features:
Land Use - 2500 - Office (Buildings)
Ducted reverse cycle air-conditioning throughout
Ground floor level with 88sqm of total floor space
Secure lease yielding a gross income of $24,000 excl. GST pa
Kitchen and bathroom facilities
Main reception area plus five separate offices, a break room and storage space

With its convenient location of Park Terrace and Commercial Road, ample foot and vehicle traffic, and being in close proximity to a range of amenities including Parabanks and Salisbury Shopping Centre, you do not miss out on the opportunity to add this premium investment to your commercial portfolio.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1989 (approx)
Land Size / TBA
Frontage / 2.35m (approx)
Zoning / E - Employment
Local Council / City of Salisbury
Council Rates / $1,926.45 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $460.15 pa (approx)
Current Rental / $2,000 per month until 30 June 2025
Title / Strata Title 5026/177
Strata Rates / $1,912 pa (approx)
Easement(s) / Rights of way and easements over the land marked C and A - See Title
Encumbrance(s) / Nil

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/zHtdjq

If this property is to be sold via Auction, the Vendors Statement (Form 1) may be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.