Located in the prestigious suburb of Torrens, this property is easily accessible via the busy Athllon Drive. Torrens Shops are well located in Torrens Place, off Beasley Street and are surrounded by well-established unit complexes and houses.
The tenancy on offer is Unit 1A which has a total area of 379.9 m2 (including undercover area) half currently occupied by 'Smogue' cafe and the other half vacant. The tenancy is fully renovated and comes with approved grease trap, hoods, cool room, updated bathrooms and roller door access for deliveries. Perfect for a hospitality operator to just walk in! Available now for sale or lease.
The size of Torrens is approximately 1.3 square kilometres. It has 5 parks covering nearly 6.5% of total area. The population of Torrens in 2011 was 2,282 people. By 2016 the population was 2,201 showing a population decline of 3.5% in the area during that time. The predominant age group in Torrens is 40-49 years. Households in Torrens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrens work in a professional occupation. In 2011, 71.4% of the homes in Torrens were owner-occupied compared with 72% in 2016.
Torrens has 987 properties. Over the last 5 years, Houses in Torrens have seen a 47.38% increase in median value, while Units have seen a 59.99% increase. As at 31 October 2024:
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