FOR SALE
$4,500,000

266-268 Glen Osmond Road
Fullarton SA 5063

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 750m2
Land area: 2000m2
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Rare Investment Opportunity with Unlimited Potential

Situated on a spacious corner lot, this exceptional double-fronted property features approximately 38m of frontage facing Glen Osmond Road and an impressive 46m frontage facing Aragon Street. Its unbeatable location places a bustling shopping centre just across the road, while the prestigious Glenunga International School is a mere two minutes away.
We are delighted to present this extraordinary opportunity to acquire approximately 2000sqmï¼Ë†Appx) of prime land across two titles in this highly sought-after city fringe location. With the potential to construct residential townhouses (subject to council consent) or a versatile, two-storey commercial complex (subject to council consent), the possibilities are endless.
This property is currently fully tenanted, covering over approximately 750sqm of built-up space and generating a substantial holding income of about $160,000 per year.
Key features include:
1. Abundant rear car parking spaces to cater to your business needs.
2. Zoning: Business Neighbourhood - BN.
3. Conveniently located a mere 3.5km from the city centre, providing easy access to all amenities and transportation hubs.
Presently, the property boasts esteemed local businesses as tenants, including GGP Energy and Auta Group, both renowned South Australian enterprises. Additionally, the property offers extensive warehouse space to accommodate various storage requirements.
Don't miss out on this unique investment opportunity. Contact us today to schedule a viewing and discuss how this property can fulfil your commercial aspirations.

Property Details for 266-268 Glen Osmond Rd, Fullarton

Building Type
Commercial
Floor Size
750m2
Land Size
2000m2

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About Fullarton 5063

The size of Fullarton is approximately 1.3 square kilometres. It has 5 parks covering nearly 2.2% of total area. The population of Fullarton in 2011 was 4,153 people. By 2016 the population was 4,237 showing a population growth of 2.0% in the area during that time. The predominant age group in Fullarton is 60-69 years. Households in Fullarton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Fullarton work in a professional occupation. In 2011, 64.1% of the homes in Fullarton were owner-occupied compared with 60.3% in 2016.

Fullarton has 1,805 properties. Over the last 5 years, Houses in Fullarton have seen a 77.18% increase in median value, while Units have seen a 57.50% increase. As at 31 October 2024:

  • The median value for Houses in Fullarton is $1,670,715 while the median value for Units is $679,567.
  • Houses have a median rent of $695 while Units have a median rent of $520.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Fullarton on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Fullarton.

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