FOR SALE
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1 Fitzroy Terrace
Thorngate SA 5082

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 868m2
Land area: 3265m2
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Commercial Development Opportunity With Parkland Views

Ray White's top Commercial Agents Matt Lazarus and Ronald Ozeri, proudly present 1 Fitzroy Terrace & 2 Main North Road Thorngate for sale by Private Treaty. This impressive development prospect, nestled on the outskirts of Adelaide's bustling CBD, offers a sprawling site area of approximately 3,265 square meters. Featuring a grand gentleman's mansion spanning 611sqm and an adjacent bungalow covering 257sqm and boasting stunning parkland views.
Potential developers, take note! With Urban Corridor Zoning in place, this property invites exploration into future commercial & residential development possibilities. Positioned opposite the new Porsche Centre Adelaide, this iconic city-edge location promises prime exposure along Adelaide's primary commercial artery.
For access to the information memorandum or to schedule a viewing, reach out to Matt Lazarus at 0430745100 or Ronald Ozeri at 0413003029. Act now and seize this exceptional opportunity to redefine the skyline of Adelaide!
*All areas are approximate.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details for 1 Fitzroy Tce, Thorngate

Building Type
Commercial
Floor Size
868m2
Land Size
3265m2

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About Thorngate 5082

The size of Thorngate is approximately 0.1 square kilometres. The population of Thorngate in 2011 was 13,008 people. By 2016 the population was 195 showing a population decline of 98.5% in the area during that time. The predominant age group in Thorngate is 50-59 years. Households in Thorngate are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thorngate work in a professional occupation. In 2011, 65.4% of the homes in Thorngate were owner-occupied compared with 90.2% in 2016..

Thorngate has 74 properties. Over the last 5 years, Houses in Thorngate have seen a 90.59% increase in median value. As at 30 November 2024:

  • The median value for Houses in Thorngate is $2,118,291 while the median value for Units is $655,233.
There are currently 3 properties listed for sale, and no properties listed for rent in Thorngate on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Thorngate.

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Matthew Lazarus
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Ronald Ozeri
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Ray White Norwood
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