FOR SALE
Auction On-Site Sunday 8th December 12PM (USP)

1-3 George Street
Glenelg North SA 5045

Bedrooms: 10
Bathrooms: 8
Car spaces: 8
Land area: 1035m2
Auction Time
Sun 8 Dec 12:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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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 build up to 11 storeys (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 3,803 properties. Over the last 5 years, Houses in Glenelg North have seen a 74.84% increase in median value, while Units have seen a 92.72% increase. As at 31 October 2024:

  • The median value for Houses in Glenelg North is $1,267,495 while the median value for Units is $686,330.
  • Houses have a median rent of $660 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Glenelg north on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Glenelg north.

Suburb Insights for Glenelg North 5045

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Contact agent
Amber Roantree
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Frank Carlesso
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Ray White Campbelltown
Preferred contact:
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.