OFF MARKET

78-82 Onkaparinga Valley Road
Balhannah SA 5242

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3303m2
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Property Details for 78-82 Onkaparinga Valley Rd, Balhannah

Building Type
Commercial
Land Size
3303m2
Local Government
Adelaide Hills
Lot/Plan
A100/D27868

Last Listing description (July 2022)

Secure a fantastic trading position for your business, in the centre of Balhannah, strategically situated between the Balhannah Junction Shopping Centre complex and the Balhannah Hotel, both of which pull in huge numbers of customers. Positioned fronting busy Onkaparinga Valley Road, there is also exposure to well over 9,000 vehicles passing the property every day (source: https://location.sa.gov.au/viewer/?map=hybrid&uids=138).

These self contained premises have enjoyed a long and established use as a popular restaurant and are well suited for a range of new enterprises, whether hospitality, retail, professional office/consulting or other specialist commercial operation (subject to council consents).

A well presented property with a fresh and clean feel via effective use of a neutral colour scheme. The carpets are well kept and bright and there are large windows facing Onkaparinga Valley Road providing an abundance of natural light and window display or signage opportunities.

The current layout encompasses a large room of approx. 62 sqm fronting the road, with a further kitchen and store area of approx. 29 sqm. Additional features include split system reverse cycle air conditioner, male and female w/c's, grease arrestor and, if required a range of commercial kitchen and cooking equipment.

Available from July 2022 on a new lease at a commencing net annual rent of $30,000 + GST pa. Outgoings are additionally in-charged and are currently estimated at $3,748 + GST per pa.

Zoned 'Township Main Street'.

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:

Nigel Grivell 0414 257 999
Harry Sanders 0431 057 346

Property History for 78-82 Onkaparinga Valley Rd, Balhannah, SA 5242

A timeline of how this property has performed in the market
Last Sold
$2,390,142
19 Nov 2012
Listed for Rent
$575/w
05 Jul 2022
  • 21 May 2022
    Listed for Rent $30,000 / year
  • 19 Nov 2012
    Sold for $2,390,142

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About Balhannah 5242

The size of Balhannah is approximately 30.8 square kilometres. It has 12 parks covering nearly 2.9% of total area. The population of Balhannah in 2011 was 1,075 people. By 2016 the population was 1,599 showing a population growth of 48.7% in the area during that time. The predominant age group in Balhannah is 50-59 years. Households in Balhannah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balhannah work in a professional occupation. In 2011, 77.8% of the homes in Balhannah were owner-occupied compared with 78.9% in 2016.

Balhannah has 816 properties. Over the last 5 years, Houses in Balhannah have seen a 65.95% increase in median value, while Units have seen a 63.87% increase. As at 31 August 2024:

  • The median value for Houses in Balhannah is $901,652 while the median value for Units is $525,256.
  • Houses have a median rent of $380.
There are currently 3 properties listed for sale, and no properties listed for rent in Balhannah on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Balhannah.

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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.