FOR SALE
Offers over $2,000,000

1092 South Road
Edwardstown SA 5039

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 716m2
Land area: 1512m2
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FULLY LEASED INVESTMENT - 716 M2 * BUILDING ON LAND 1512M2* 2 TITLES - 3 STREET FRONTAGES.

FOR SALE BY EXPRESSION OF INTEREST: CLOSING 12 NOON THURSDAY 12TH DECEMBER 2024 (USB)
Raine & Horne Commercial SA are delighted to present this highly visible property just minutes to the CBD and close to all amenities.
Key Features
• Net Lettable Area of 716 sqm approx.
• Long term development potential
• High Visibility Corner Site
• Estimated 50000 vehicles passing daily**
• Frontage to South Road, Konando Terrace and Gumbowie Avenue
• Strong Lease covenants to long established business
4+2+2 year lease commencing 30th August 2024 at $110,000 pa plus outgoings and GST
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Property Details for 1092 South Rd, Edwardstown

Building Type
Commercial
Floor Size
716m2
Land Size
1512m2

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About Edwardstown 5039

The size of Edwardstown is approximately 2.3 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Edwardstown in 2011 was 3,948 people. By 2016 the population was 4,324 showing a population growth of 9.5% in the area during that time. The predominant age group in Edwardstown is 20-29 years. Households in Edwardstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edwardstown work in a professional occupation. In 2011, 51.6% of the homes in Edwardstown were owner-occupied compared with 50.2% in 2016.

Edwardstown has 2,571 properties. Over the last 5 years, Houses in Edwardstown have seen a 87.21% increase in median value, while Units have seen a 79.91% increase. As at 31 October 2024:

  • The median value for Houses in Edwardstown is $906,613 while the median value for Units is $573,175.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Edwardstown on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Edwardstown.

Suburb Insights for Edwardstown 5039

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David Ente
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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.