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Blakeview Newsagency And X-Lotto
Blakeview SA 5114

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Blakeview Newsagency & X-Lotto

At a Glance:
- Operating since 2011
- Includes lotto kiosk
- Upgraded to latest Generation One fit-out
- Trading 6 days per week
- Front of shop lotto kiosk strategically benefits from its proximity to the Woolworths
Operating since 2011, this well-established newsagency holds a prime location within the Blakes Crossing Shopping Centre in the northern suburbs of Adelaide. As one of the first few shops to commence trading in the shopping centre when it was built in 2011, the newsagency and its front of shop lotto kiosk strategically benefits from its proximity to the Woolworths supermarket, capitalising on the constant flow of supermarket foot traffic.
The business offers a range of products and services including SA Lotto, gifts, greeting cards, stationery, magazines, newspapers and it is also a certified Australia Post agency. Currently trading 6 days a week, with the option for a new owner to expand to 7 days.
The lotto kiosk has been upgraded to the latest Generation One fit-out, enabling the incoming owner to reap the benefits without any further investment required. As an added advantage, the recent lottery commission rate increase on 19th May 2023 further boosting the business' profitability, over the coming years.
The vendors will consider all reasonable offers on the business.
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Property Details for Blakeview Newsagency And X-Lotto, Blakeview

Building Type
Commercial

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About Blakeview 5114

The size of Blakeview is approximately 7 square kilometres. It has 32 parks covering nearly 8.2% of total area. The population of Blakeview in 2011 was 5,092 people. By 2016 the population was 7,227 showing a population growth of 41.9% in the area during that time. The predominant age group in Blakeview is 20-29 years. Households in Blakeview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Blakeview work in a trades occupation. In 2011, 73.8% of the homes in Blakeview were owner-occupied compared with 65% in 2016.

Blakeview has 4,368 properties. Over the last 5 years, Houses in Blakeview have seen a 91.36% increase in median value, while Units have seen a 141.91% increase. As at 30 November 2024:

  • The median value for Houses in Blakeview is $650,970 while the median value for Units is $495,455.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 16 properties listed for sale, and 11 properties listed for rent in Blakeview on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Blakeview.

Suburb Insights for Blakeview 5114

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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.