FOR SALE
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36 O'Connell Street
North Adelaide SA 5006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 49m2
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LEASED COFFEE SHOP - NO GST, NO STAMP DUTY

Presenting an exceptional investment opportunity at 36 O'Connell St, North Adelaide, situated in one of the city's most sought-after suburbs. This thriving coffee shop on a bustling thoroughfare is available for those looking to enter the North Adelaide commercial property market.
• 49 sqm* of lease space
• New lease with Net income of $30,000
• Leased until the end of 2029
• Prime location on O'Connell Street
• Zoned as City Main Street (CMS) by the City of Adelaide.
Please contact the agent for asking price.
Michael Kourbelis 0452 239 633
If you would like further information or if you would like to view the property, please contact the agent to arrange an inspection.
RLA 283100

Property Details for 36 O'Connell St, North Adelaide

Building Type
Commercial
Floor Size
49m2

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About North Adelaide 5006

The size of North Adelaide is approximately 5.1 square kilometres. It has 40 parks covering nearly 57.8% of total area. The population of North Adelaide in 2011 was 6,678 people. By 2016 the population was 6,969 showing a population growth of 4.4% in the area during that time. The predominant age group in North Adelaide is 20-29 years. Households in North Adelaide are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Adelaide work in a professional occupation. In 2011, 49.1% of the homes in North Adelaide were owner-occupied compared with 48.8% in 2016.

North Adelaide has 4,765 properties. Over the last 5 years, Houses in North Adelaide have seen a 60.93% increase in median value, while Units have seen a 43.16% increase. As at 30 November 2024:

  • The median value for Houses in North Adelaide is $1,479,772 while the median value for Units is $742,520.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 19 properties listed for sale, and 25 properties listed for rent in North adelaide on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in North adelaide.

Suburb Insights for North Adelaide 5006

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Contact agent
Michael Kourbelis
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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.