FOR SALE
Offers over $800,000 (ex GST)

2,3,&4/10 Beach Road
Christies Beach SA 5165

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 173m2
Land area: 420m2
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RARE HOLDING IN BEACH ROAD - FORMER LONG STANDING LAW OFFICES PERFECT TO REFURBISH - POTENTIAL REDEVELOPMENT (SUBJECT TO USUAL CONSENTS)

FOR SALE BY EXPRESSION OF INTEREST: CLOSING 12 NOON TUESDAY 26TH NOVEMBER 2024 (USB)
Raine & Horne Commercial SA are pleased to offer three strata titled office suites (in a group of four) in a prime location on Beach Road. The units previously had long standing use as Law offices but are perfect for professional offices, medical or allied health or the site would also lend itself to total redevelopment (subject to Council consent and adjoining owner participation). The property is located at the "Beach end" of Beach Road less than one block back from the beach. The zoning (Suburban Main Street) allows for development up to 3 levels.
Units 3&4 are each approximately 55.5 m2 whilst Unit 2 is approximately 63m2 (total area approx. 174m2). The three units are being offered as a whole with vacant possession and there are approx. 6 car parks.
Each has separate male and female amenities and kitchenettes. They would respond well to a refurbishment (paint, re-carpet) and move straight in. Inspection is highly recommended.
*All areas/dimensions approximate
RLA 283100

Property Details for 2,3,&4/10 Beach Rd, Christies Beach, SA 5165

Building Type
Commercial
Floor Size
173m2
Land Size
420m2

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About Christies Beach 5165

The size of Christies Beach is approximately 2.9 square kilometres. It has 13 parks covering nearly 10% of total area. The population of Christies Beach in 2011 was 5,267 people. By 2016 the population was 5,457 showing a population growth of 3.6% in the area during that time. The predominant age group in Christies Beach is 20-29 years. Households in Christies Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Christies Beach work in a trades occupation. In 2011, 57.4% of the homes in Christies Beach were owner-occupied compared with 53.5% in 2016.

Christies Beach has 3,431 properties. Over the last 5 years, Houses in Christies Beach have seen a 109.71% increase in median value, while Units have seen a 99.53% increase. As at 30 November 2024:

  • The median value for Houses in Christies Beach is $754,007 while the median value for Units is $589,694.
  • Houses have a median rent of $550 while Units have a median rent of $515.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Christies beach on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Christies beach.

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David Ente
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David Burford
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Raine & Horne Commercial SA
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