FOR SALE
Offers over $5,000,000

36-44 Churchill Rd N
Dry Creek SA 5094

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3642m2
Land area: 11890m2
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EXCEPTIONAL LAND HOLDING 11,890 M2 * - FULLY LEASED - 3 TENANCIES GLA 3642 M2*- FRONTAGE TO CHURCHILL ROAD NORTH OF 158 M*

Raine & Horne Commercial SA are delighted to present this highly visible multi tenanted property with massive upside.
The property is located some 10 km north of the Adelaide CBD in a tightly held industrial precinct with easy access to the North South Corridor and Northern Expressway.
FOR SALE BY EXPRESSION OF INTEREST: CLOSING 12 NOON TUESDAY 19TH NOVEMBER 2024 (USB)
Exceptional land holding. Long term leases, three tenancies. Estimated annual rental $318,285 ex GST
Key Features
• Net Lettable Area of 3642 sqm approx.
• Long term development potential
• High Visibility Site
• Strong Lease covenants
All Areas/dimensions approximate
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Property Details for 36-44 Churchill Rd N, Dry Creek

Building Type
Commercial
Floor Size
3642m2
Land Size
11890m2

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About Dry Creek 5094

The size of Dry Creek is approximately 26.7 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Dry Creek in 2011 was 198 people. By 2016 the population was 201 showing a population growth of 1.5% in the area during that time. The predominant age group in Dry Creek is 20-29 years. Households in Dry Creek are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dry Creek work in a machinery operators and drivers occupation. In 2011, 62.5% of the homes in Dry Creek were owner-occupied compared with 57.4% in 2016.

Dry Creek has 460 properties. Over the last 5 years, Houses in Dry Creek have seen a 90.09% increase in median value, while Units have seen a 104.60% increase. As at 31 October 2024:

  • The median value for Houses in Dry Creek is $672,373 while the median value for Units is $521,809.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Dry creek on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Dry creek.

Suburb Insights for Dry Creek 5094

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David Ente
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David Burford
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Raine & Horne Commercial SA
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Disclaimer
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.