FOR SALE
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2 Maryvale Road
Athelstone SA 5076

Bedrooms: -
Bathrooms: -
Car spaces: 19
Floor area: 722m2
Land area: 2276m2
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Premium Inner Metro Childcare Investment (SA)

RWC Adelaide together with Burgess Rawson are pleased to present to market 2 Maryvale Road, Athelstone, offered for sale by Expression of Interest.
• Well-located in the northeastern suburbs of Adelaide, some 11km* from the Adelaide CBD
• Prominent positioning within a significant schooling precinct, situated amongst 11 schools within a 3km* radius, servicing a combined 10,200+ students
• Expansive corner allotment of 2,276sqm* with high exposure and frontage to Gorge Road and access off Maryvale Road
• Premium purpose built childcare centre for 103 LDC places, offering strong depreciation benefits
• Long term lease to Children First Early Education, an established operator in collaboration with sister network, Imagine Childcare. Together they boast a growing national childcare network of over 32 centres
• Estimated net income of $337,893 per annum plus GST, with fixed 3% annual rental increase
• No stamp duty payable
*Approx
For Sale by Private Treaty asking $5,800,000.

Property Details for 2 Maryvale Rd, Athelstone

Building Type
Commercial
Floor Size
722m2
Land Size
2276m2

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About Athelstone 5076

The size of Athelstone is approximately 6.2 square kilometres. It has 28 parks covering nearly 33.5% of total area. The population of Athelstone in 2011 was 9,258 people. By 2016 the population was 9,157 showing a population decline of 1.1% in the area during that time. The predominant age group in Athelstone is 50-59 years. Households in Athelstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Athelstone work in a professional occupation. In 2011, 86.1% of the homes in Athelstone were owner-occupied compared with 85.1% in 2016.

Athelstone has 4,346 properties. Over the last 5 years, Houses in Athelstone have seen a 74.74% increase in median value, while Units have seen a 73.31% increase. As at 31 July 2024:

  • The median value for Houses in Athelstone is $926,081 while the median value for Units is $572,742.
  • Houses have a median rent of $580 while Units have a median rent of $363.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Athelstone on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Athelstone.

Suburb Insights for Athelstone 5076

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Jack Dyson
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Harry Einarson
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RWC Adelaide
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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.