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Adelaide SA 5000

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Northern Adelaide supermarket with x-lotto

At a Glance:
• Part of a successful supermarket franchise
• Lucrative x-lotto
• Lease to 2032
• Operating under management
• Consistent financial performance
The supermarket is located in a busy area in a northern suburb of Adelaide, offering a comprehensive range of products and services. A key feature is its lotto kiosk, which attracts regular foot traffic and provides a steady stream of income.
Operated by an experienced management team, the supermarket is ideal for a hands-off investor. The team ensures smooth daily operations, allowing the owner to focus on growth and development.
With thirty-five staff members handling customer service, inventory management, and daily operations, the supermarket runs efficiently. It has demonstrated consistent financial performance, supported by diverse product offerings and a strategic location.
This supermarket is a robust investment opportunity for those looking to enter or expand in the industry. Its established customer base, diverse income streams, and professional management make it a turnkey operation with significant growth potential. The long-term lease and comprehensive staffing enhance its appeal as a stable and profitable venture.
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Property Details for Contact Agent For Address, Adelaide

Building Type
Commercial

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,720 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 181 properties listed for sale, and 87 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1001 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Eunice Tan
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Tony Iasiello
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Raine & Horne Business Sales
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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.