32-38 Gawler Street,
Salisbury, SA 5108
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Map of 32-38 Gawler Street
A PREMIUM COMMONWEALTH GOVERNMENT PURPOSE BUILT LEASED INVESTMENT
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- Fully leased to the Commonwealth Government of Australia (“Centrelink”)
- Brand new 6-year lease expiring 12th September 2023
- Net income circa $661,000pa*
- Fixed annual 3% increases provide solid rental growth throughout the term of the lease
- Modern low maintenance building with NLA of 2,200sqm* constructed in 2010
- The vendor is installing a new 99.5kw solar system which is forecast to significantly reduce annual electricity costs for both tenant and owner alike
- Impressive land holding of 5,946 sqm*
- Immediately adjacent the Parabanks Shopping Centre which is currently undergoing a significant $18M centre upgrade
- Extensive on-site parking with 96 parking bays
- Centrally located within the Urban Core zone offering outstanding flexibility
- Well credentialed energy efficiency with 5 Star NABERS rating
*approx
RLA 208125
- Brand new 6-year lease expiring 12th September 2023
- Net income circa $661,000pa*
- Fixed annual 3% increases provide solid rental growth throughout the term of the lease
- Modern low maintenance building with NLA of 2,200sqm* constructed in 2010
- The vendor is installing a new 99.5kw solar system which is forecast to significantly reduce annual electricity costs for both tenant and owner alike
- Impressive land holding of 5,946 sqm*
- Immediately adjacent the Parabanks Shopping Centre which is currently undergoing a significant $18M centre upgrade
- Extensive on-site parking with 96 parking bays
- Centrally located within the Urban Core zone offering outstanding flexibility
- Well credentialed energy efficiency with 5 Star NABERS rating
*approx
RLA 208125
Property ID: 502578030Last Updated: 18 Jan 2024
32-38 Gawler Street
Salisbury, SA 5108
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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