FOR SALE
In the vicinity of $1.25M

3-5 Divett Street
Port Adelaide SA 5015

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 340m2
Land area: 224m2
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Port Adelaide Investment Opportunity

Superbly positioned and nestled within Port Adelaide’s Heritage Precinct on Devitt Street lies this fantastic commercial opportunity providing flexible use options and valuable amenities. Currently tenanted as a licensed wine bar, the property is a popular boutique destination where patrons experience quality live music and top-shelf liquor service surrounded by plaster-exposed brick walls of the 19th century and dimmed, atmospheric lighting.
Advantageous features are in abundance and listed as follows:-
- One Torrens Title, distributed over Two Levels, each with its own front access point and appointed street address (3 & 5 Divett St)
- 3 Street Access Points- Divett Street (Front), Lighthouse Lane (Rear) and Commercial Road (via side Easement).
- Total Lettable Area of approximately 340sqm made up of the main front bar/ seating area, commercial-grade kitchen, courtyard beer garden, large cellar and upstairs open plan studio.
- Sold with an Easement (Right of Way) which provides access from Commercial Road. With 3-5 Divett St favourably positioned at the end of the Easement, the tenancy enjoys an additional licensed sitting area.
- Rear access from lane way to double lock up garaging
- Increase and diversify the rental income stream by creating two self-contained tenancy areas and using both front door access points.
- Fantastic street parking availability (2hrs free 8-6pm)
- Site Area: 224.6sqm
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Property Details for 3-5 Divett St, Port Adelaide

Building Type
Commercial
Floor Size
340m2
Land Size
224m2

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About Port Adelaide 5015

The size of Port Adelaide is approximately 6 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Port Adelaide in 2011 was 1,293 people. By 2016 the population was 1,238 showing a population decline of 4.3% in the area during that time. The predominant age group in Port Adelaide is 40-49 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation. In 2011, 40.8% of the homes in Port Adelaide were owner-occupied compared with 43% in 2016.

Port Adelaide has 1,721 properties.

    There are currently 8 properties listed for sale, and 5 properties listed for rent in Port adelaide on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Port adelaide.

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    Pasquale Mastrangelo
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