RWC Adelaide in conjunction with Ray White Prospect, are proud to present for sale 5 residential units on a development site at 6 Commercial Road, Salisbury. The site boasts a significant frontage to Commercial Road and adjoins the brand new Radiology SA centre, ensuring excellent commercial development potential. 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 (approx.)<br/>• Huge frontage of 50m* (approx.) to busy Commercial Road<br/>• Current Fully Leased Income of $79,960 (approx)<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/>Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.<br/><br/>As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.<br/><br/>PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
