SOLD
Sold on 01 Feb 2024 for $1,720,000

21 Wiltshire Street
Salisbury SA 5108

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 550m2
Land area: 750m2
Sold By
CBRE South Australia RLA 208125
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Property Details for 21 Wiltshire St, Salisbury

Building Type
Commercial
Year Built
1978
Floor Size
550m2
Land Size
750m2
Local Government
Salisbury
Lot/Plan
A50/D43698

Last Listing description (November 2023)

CBRE are proud to present 21 Wiltshire Street, Salisbury to the market for sale by public auction, held on-site the 16th of November.

This well-located investment has fantastic visibility on the Wiltshire Street/Ann Street roundabout as well as a stones throw from the Parabanks Shopping Centre. This quirky corner allotment has been home to Music Corner North for close to 20 years.


Key investment highlights include:
Total site area of 751sqm* with on-site car parking
Two-level building of 552sqm*
Brand-new three-year lease plus options
Net income of $69,904* p.a.
Future refurbishment or development opportunity
Exceptional exposure in the commercial heart of Salisbury
Flexible Urban Activity Centre zoning

OPEN INSPECTION: 10am Wednesday 1st of November

For Sale via Public Auction on-site Thursday the 16th of November at 11am

Please contact the sole marketing agents with any other questions:
Rhyce Scott: +61 422 960 585
Oliver Grivell: +61 478 069 579

*Approximately

Property History for 21 Wiltshire St, Salisbury, SA 5108

A timeline of how this property has performed in the market
Last Sold
$1,720,000
01 Feb 2024
Listed for Rent
$1.09k/w
02 Nov 2015
  • 01 Feb 2024
    Sold for $1,720,000
  • 18 Oct 2023
    Listed for Sale Contact Agent
  • 20 Aug 2015
    Listed for Rent $56,680 / year
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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.

Suburb Insights for Salisbury 5108

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.