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1-3 George Street
Glenelg North SA 5045

Bedrooms: 10
Bathrooms: 8
Car spaces: 8
Land area: 1035m2
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8 Units - 2 Titles - 1 Owner

A once in a blue moon opportunity a stone's throw from Glenelg Marina.
This opportunity is perfect for those with a vision for property development and investment (STCC)
Key features:
• Location - Highly desirable suburb of Glenelg North
• Zoned urban neighbourhood
• Rental income approx $156,000 P.A
• Lot size - Approximately 1035m2 with approx 62m2 street frontage to George St
• 8 two-storey flats comprising of 6 - 1 bedroom units and 2 - 2 bedroom units
• 2 separate titles offered as a whole
• An exciting opportunity to renovate and customise each unit to modern standards or development potential(STCC)
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Property Details for 1-3 George St, Glenelg North

1-3 George St, Glenelg North is a 10 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 1035m2. The place is currently for sale with Ray White Campbelltown.

Building Type
BlockOfUnits
Land Size
1035m2

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About Glenelg North 5045

The size of Glenelg North is approximately 2.8 square kilometres. It has 22 parks covering nearly 9.4% of total area. The population of Glenelg North in 2011 was 5,969 people. By 2016 the population was 6,232 showing a population growth of 4.4% in the area during that time. The predominant age group in Glenelg North is 20-29 years. Households in Glenelg North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg North work in a professional occupation. In 2011, 61.7% of the homes in Glenelg North were owner-occupied compared with 60.9% in 2016.

Glenelg North has 3,859 properties. Over the last 5 years, Houses in Glenelg North have seen a 79.94% increase in median value, while Units have seen a 81.80% increase. As at 30 November 2024:

  • The median value for Houses in Glenelg North is $1,298,327 while the median value for Units is $693,353.
  • Houses have a median rent of $638 while Units have a median rent of $480.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Glenelg north on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Glenelg north.

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Suburb Insights for Glenelg North 5045

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Amber Roantree
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Frank Carlesso
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Ray White Campbelltown
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