OFF MARKET

600/3 Coombe Road
Allenby Gardens SA 5009

Bedrooms: 4
Bathrooms: 1
Car spaces: 10
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Property Details for 600/3 Coombe Rd, Allenby Gardens

600/3 Coombe Rd, Allenby Gardens is a 4 bedroom, 1 bathroom House with 10 parking spaces.

Building Type
House
Local Government
Charles Sturt

Last Listing description (October 2016)

Well regarded & iconic South Australian company site is now for sale after 62 years of successful business. (Site includes 2 titles on Port Road including a 3rd at the rear off Coombe Road.)
With an impressive prime land holding of over 1700 square metres & 2 valuable street frontages of 31.7 metres, it presents the fortunate purchaser with many options to develop or re-develop with residential housing or a combination of residential & commercial use up to three stories high.
Located in the versatile Precinct 47 Mixed Use zone of the Charles Sturt council allows for a more flexible & variety of uses. There is 3 separate titles which make up the site & has the potential to construct an array of residential & commercial dwellings, subject to council consents .or for business owners, it s possible to realise a healthy commercial income which could return somewhere between a 5% and 5.8%.

The current site features 2 original homes with partitioning, office space, staff amenities & storage facilities all combined with a central despatch roller door. These facilities have been converted , extended & modified over the years to accommodate this healthy & growing business. There is also a rear car park facility off Coombe Road which would easily house a dozen vehicles & trucks or would double as a new home site!
A superb opportunity in a prominent locality with a very bright future!
600 Port Road, Allenby Gardens 628sq/m
602 Port Road, Allenby Gardens 628sq/m
3 Coombe Rd, Allenby Gardens 444sq/m
Expressions of Interest (Contact agents for details)

Property History for 600/3 Coombe Rd, Allenby Gardens, SA 5009

A timeline of how this property has performed in the market
  • 08 Jun 2016
    Listed for Sale $890,000 - $950,000

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About Allenby Gardens 5009

The size of Allenby Gardens is approximately 0.8 square kilometres. It has 4 parks covering nearly 3% of total area. The population of Allenby Gardens in 2011 was 1,893 people. By 2016 the population was 1,853 showing a population decline of 2.1% in the area during that time. The predominant age group in Allenby Gardens is 40-49 years. Households in Allenby Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Allenby Gardens work in a professional occupation. In 2011, 72.9% of the homes in Allenby Gardens were owner-occupied compared with 72.8% in 2016.

Allenby Gardens has 1,000 properties. Over the last 5 years, Houses in Allenby Gardens have seen a 90.93% increase in median value, while Units have seen a 89.48% increase. As at 31 October 2024:

  • The median value for Houses in Allenby Gardens is $1,091,395 while the median value for Units is $609,509.
  • Houses have a median rent of $630 while Units have a median rent of $490.
There are currently 2 properties listed for sale, and no properties listed for rent in Allenby gardens on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Allenby gardens.

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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.