RWC Adelaide in conjunction with Ray White Prospect, are proud to present for sale 5 residential units on a strategic development site at 6 Commercial Road, Salisbury.<br/><br/>The site boasts a significant frontage to Commercial Road and adjoins the brand new Radiology SA centre, ensuring excellent commercial development potential.<br/><br/>Adding to the appeal, the property currently provides a solid investment foundation with 5 existing residential units delivering valuable holding income.<br/><br/>Key Highlights:<br/>• Strategically positioned land holding of 1,722sqm*<br/>• Huge frontage of 50m* to busy Commercial Road<br/>• Valuable holding income of $79,960 p.a. from 5 fully leased units<br/>• Potential to value-add through refurbishment and additional unit construction (STCC)<br/>• Strategic location set to benefit from the surrounding commercial precinct<br/>• Close proximity to Parabanks Shopping Centre and City of Salisbury Town Centre<br/>• Zoned Urban Activity Centre allowing development up to 4-levels<br/><br/>Units 1-5, 6 Commercial Road, Salisbury is offered to market by public auction, to be held onsite on Wednesday 26th of November at 11am.<br/><br/>For further information please contact the team at RWC Adelaide or Ray White Prospect.<br/><br/>Oliver Totani +61 412 808 743<br/>Connor Melvill +61 468 812 921<br/>Stefan Siciliano +61 403 171 489
