FOR SALE
$479,000 - $509,000

2/74 Park Terrace
Salisbury SA 5108

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 88m2
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Prime Commercial Space in Salisbury!

*For an in-depth look at this space, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://my.matterport.com/show/?m=Vfzbz2zH5DE
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
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
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Property Details for 2/74 Park Tce, Salisbury

Building Type
Commercial
Floor Size
88m2

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About Salisbury 5108

The size of Salisbury is approximately 4.6 square kilometres. It has 22 parks covering nearly 15.6% of total area. The population of Salisbury in 2011 was 7,549 people. By 2016 the population was 8,205 showing a population growth of 8.7% in the area during that time. The predominant age group in Salisbury is 20-29 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 2011, 53.7% of the homes in Salisbury were owner-occupied compared with 52.3% in 2016.

Salisbury has 4,288 properties. Over the last 5 years, Houses in Salisbury have seen a 119.93% increase in median value, while Units have seen a 126.33% increase. As at 31 October 2024:

  • The median value for Houses in Salisbury is $638,693 while the median value for Units is $415,175.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Salisbury.

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Mike Lao
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Brendon Ly
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Edge Realty (SA)
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