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Cushman & Wakefield (RLA 315726) - Adelaide

7-9 Park Terrace Salisbury, SA 5108

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7-9 Park Terrace,
Salisbury, SA 5108

Offices • Medical & Consulting • Other

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Sale - Expression of Interest

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Key property information

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Floor area

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Cushman & Wakefield (RLA 315726) - Adelaide
Guy Bennett
Jed Harley

Cushman & Wakefield (RLA 315726) - Adelaide

Level 1, 123 Pirie Street
ADELAIDE, SA 5000
Cushman & Wakefield (RLA 315726) - Adelaide
7-9 Park Terrace
Salisbury, SA 5108

Map of 7-9 Park Terrace

Directions
  • Train stations within 5 km of 7-9 Park Terrace, Salisbury, SA 5108Distance
    Salisbury interchange station170 m
    Chidda Station1.2 km
    Nurlutta Station1.4 km
    Parafield Station2.3 km
    Parafield Gardens Station3.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 7-9 Park Terrace, Salisbury, SA 5108Distance
    Zone F Salisbury Interchange - East Side204 m
    47b Winzor St - South East Side305 m
    48a Church St - North West Side391 m
    Stop 49 Church St-West Side404 m
    49a Waterloo Corner Rd - North East Side406 m
    POWERED BY HERE ©
POWERED BY HERE ©

Key Social Infrastructure Asset – SA Government Lease

  • Net Income of $866,661pa*
  • 1,929sqm lettable area
  • 5-Star NABERS Energy & Water Ratings
Leedwell Property and Cushman & Wakefield are pleased to bring to market a key piece of Adelaide’s healthcare infrastructure, the Northern Community Mental Health Centre located at 7-9 Park Terrace, Salisbury. The Northern Community Mental Health Centre is one of three purpose built mental health facilities strategically spread across Adelaide in 2012.

The property is conveniently positioned within the Salisbury Town Centre which contains two retail shopping centres – Salisbury Shopping Centre and Parabanks Shopping Centre – and a range of medical, commercial and public services.

The facility further benefits from its proximity to the Salisbury Train Station, nearby bus stops and abundance of public parking. This retail amenity and public infrastructure, coupled with high degree of accessibility, underpins the long-term desirability of the property.

We further highlight the below key features:
- 15-year lease to SA Government expiring Nov-27
- 2 x 5-year rights to renew
- 1,929sqm lettable area over two levels
- Net income of $866,661pa*
- Expansive site area of 3,881sqm with 91 onsite carparks
- Annual fixed rental increases
- Zoned Urban Activity Centre

The Northern Community Mental Health Centre offers investors the opportunity to acquire a crucial piece of social infrastructure in the Northern Adelaide Local Health Network and we strongly endorse this asset for your serious consideration.

For more information or to arrange an inspection please contact the agents. Inspections strictly by appointment only.

For Sale via Expression of Interest closing 4pm Thursday 28 March 2024.

RLA315726
RLA222531

*approximate

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Property ID: 504528348Last Updated: 27 Feb 2024

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