32-38 Gawler StreetSalisbury SA 5108
Property Details for 32-38 Gawler St, Salisbury
Last Listing description (September 2021)
- Fully leased to the Commonwealth Government of Australia ("Centrelink")
- Brand new 6-year lease expiring 12th September 2023
- Net income circa $661,000pa*
- Fixed annual 3% increases provide solid rental growth throughout the term of the lease
- Modern low maintenance building with NLA of 2,200sqm* constructed in 2010
- The vendor is installing a new 99.5kw solar system which is forecast to significantly reduce annual electricity costs for both tenant and owner alike
- Impressive land holding of 5,946 sqm*
- Immediately adjacent the Parabanks Shopping Centre which is currently undergoing a significant $18M centre upgrade
- Extensive on-site parking with 96 parking bays
- Centrally located within the Urban Core zone offering outstanding flexibility
- Well credentialed energy efficiency with 5 Star NABERS rating
*approx
RLA 208125
To be sold by public auction on Thursday 26th October from 6.00pm AEDT at CBRE Melbourne Level 34, 8 Exhibition Street Melbourne as part of the Premium Property Portfolio Auction II
Alistair Laycock
+61 412 136 011
Ben Heritage
+61 438 690 867
Tom Tuxworth
+61 410 988 960
Kevin Tong
+61 422 848 818
Property History for 32-38 Gawler St, Salisbury, SA 5108
- 02 Sep 2021Listed for Sale SOLD - Price Withheld
- 23 Feb 2018Sold for $9,500,000
- 03 Oct 2017Listed for Sale Not Disclosed
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About Salisbury 5108
The size of Salisbury is approximately 4.6 square kilometres. There are 22 parks, covering nearly 15.6% of the total area. The population of Salisbury in 2016 was 8205 people. By 2021 the population was 8841 showing a population growth of 7.8% in the area during that time. The predominant age group in Salisbury is 30-39 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury work in a labourer occupation.In 2021, 54.00% of the homes in Salisbury were owner-occupied compared with 52.30% in 2016.
Salisbury has 4,364 properties. Over the last 5 years, Houses in Salisbury have seen a 143.38% increase in median value, while Units have seen a 134.53% increase. As at 30 April 2026:
- The median value for Houses in Salisbury is $792,240 while the median value for Units is $485,053.
- Houses have a median rent of $550 while Units have a median rent of $450.
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