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Salisbury, 190 Park Terrace

3 Fully Leased Warehouse - Retail Outlets!

$1,250,000 - $1,350,000

Listing Number: SWV25967
About this listing
All on one title, modern well equipped warehouses.
unit 1= 360m2 in area, leased to Signarama Salisbury.
This company utilizes this unit to produce signs, display signage. Occupying the old Tonkin In Car Solutions site.
leased until the 14/1/2019 at Approx $40,000.00 net pa
council rates - portion $2,691.25 (2016-2017)
unit 2 = 216m2 in area, leased to Affordable Wheels.
A retail automotive out let for vehicle tyers and repairs.
leased to be extended. Tenant looking to renew.
council rates - portion $2,018.45 pa (2016-2017)
unit 3 = 264m2 in area, leased to Gary's Garage
Automotive mechanic repair workshop.
leased to be extended. Tenant looking to renew.
council rates - portion $2018.45 pa (2016-2017)
insurance for all three pa $1,987.55
ESL ( 2016 - 2017) $1,437.75
Water pa $2,585.32 sum of last 4 rate notices Jun 16 /Sept 16/Dec 16, March 17
Maintenance of grounds, car park and garden area
pa $960.00
Prime investment with strong returns!
Modern tilt up concrete construction all with high span roller door entries.
Off Street Car Parking. High Visual Corner Location.
Located on Park Tce with excellent main road exposure!

Property Information
  • Floor Area: 840 sqm
  • Land Size: 1773 sqm
  • Tenure: Fee Simple
  • Parking: Carparks: 20
  • Property Type: Warehouse, Office, Retail, Tenanted Investment
  • Property Features: 3 fully leased ware-houses, main road location., Level Number: 1
  • Tenancy: Total rental if more than 1 tenancy $ (+ GST): 81000.00, Additional Details: Tenancy 3 Tenants - Gary's Garage - Gary and Amanda Turnbill area sqm - 264 rental net/pa $21,400.00
  • Tenancy 1: Area Sqm: 360, Commencement Date: 2016-01-11T00:00:00.0000000, Expiry Date: 2019-01-14T00:00:00.0000000, Rental net/gross p.a.: $40,000.00 net, Tenant Name: signarama Andrew Lawson, Term (years): 3x3
  • Tenancy 2: Area Sqm: 216, Rental net/gross p.a.: $19,700.00 net, Tenant Name: Affordable Wheels - Ahmad Almadi

Contact Details

Harcourts Property People RLA 60810

685 Port Road
Woodville Park
Office website

Property Location

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