FOR SALE
Offers over $950,000

1144 Old Port Road
Hendon SA 5014

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 313m2
Land area: 773m2
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TRULY UNIQUE LANDMARK PROPERTY - INVEST, OCCUPY OR REDEVELOP

FOR SALE BY EXPRESSION OF INTEREST Closing: 12 noon Monday 4th November 2024 (USB)
TRULY UNIQUE FULLY LEASED LANDMARK PROPERTY - OCCUPY OR REDEVELOP (STCC) 313 m2* BUILDING ON LAND 773 m2*
Raine & Horne Commercial SA are delighted to offer this unique property for sale. The property provides a range opportunities for owner occupiers, investors and developers to secure a valuable corner site of 773* with massive exposure to both Old Port Road and Tapleys Hill Road approx. 38200 vehicles passing daily (21,300 on Tapleys Hill Rd and 16900 on Old Port Rd) - Traffic Volume Estimates SA Govt.
The property comprises open plan showroom, display area of approx. 195 m2 and workshop area with kitchen and amenities of approx. 106m2. There are separate male and female amenities and ample car parking with access from both Old Port Road and Tapleys Hill Road.
The current tenant has been long standing at the site since January 2008 and are a monthly tenant.
This is an exceptional opportunity just minutes to Port Adelaide, West Lakes and just some 10 km from the Adelaide CBD.
*All areas/dimensions approximate
RLA 205498

Property Details for 1144 Old Port Rd, Hendon

Building Type
Commercial
Floor Size
313m2
Land Size
773m2

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About Hendon 5014

The size of Hendon is approximately 0.7 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Hendon in 2011 was 1,373 people. By 2016 the population was 1,144 showing a population decline of 16.7% in the area during that time. The predominant age group in Hendon is 30-39 years. Households in Hendon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hendon work in a professional occupation. In 2011, 64.7% of the homes in Hendon were owner-occupied compared with 63.8% in 2016.

Hendon has 658 properties. Over the last 5 years, Houses in Hendon have seen a 91.44% increase in median value, while Units have seen a 98.31% increase. As at 30 September 2024:

  • The median value for Houses in Hendon is $769,915 while the median value for Units is $607,192.
  • Houses have a median rent of $550.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Hendon on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Hendon.

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