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300/166 PARK TERRACE
SALISBURY PLAIN SA

$890,000

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300/166 PARK TERRACE
SALISBURY PLAIN SA

FOR SALE $890,000

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

Inspection Times

Sun 1st Jan, 2017 (1:00 AM to 1:00 AM)

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Agent:
Steve Webber
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Testimonial

To Whom It May Concern My name is Rocky … and I owned a property where I operated my business (..Building Co Pty Ltd ) at Main North Rd Para Hills West. When I decided to semi retire and sell my property I engaged Steve Webber from The Realty Exchange to market and sell my property. I met Steve because he was selling a property within a kilometre of where my family had a property and he was canvassing all property owners to make them aware that he had listed a property for sale and would we be interested in buying it. I thought then that Steve seemed dedicated and very positive in what he was doing. Steve ended up selling both mine and my family’s property at our asking price and he never once tried to knock down our price for a quick sale and he never lost interest when most offers were coming in 30 to 40 percent under our asking price. Both our properties were sold in the end to people that he had canvassed. At all times I have found Steve to be reliable, hard-working, conscientious, honest and courteous in his job and when dealing with clients. I would highly recommend Steve to anyone who is selling commercial property and I would not hesitate in using him again if the need arises. Steve would be a tremendous asset for anyone and If you have any further questions, please do not hesitate to call me. Your’s Sincerely, Rocky ……..
Rocky