OFF MARKET

260 Magill Road
Beulah Park SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1783m2
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Property Details for 260 Magill Rd, Beulah Park

Building Type
Commercial
Land Size
1783m2
Local Government
Burnside
Lot/Plan
A81/F141542

Last Listing description (December 2017)

Colliers International is proud to present the opportunity to purchase 260 Magill Road, Beulah Park, a premier investment and development opportunity in the exclusive inner eastern suburbs of Adelaide. It comprises three stand-alone office buildings, with the following features:
High profile site of 1,783sqm* over 2 titles
Rare corner site with frontage to Magill Road of 39m*

Conveniently located within 5km* of the Adelaide CBD and 1km* to Norwood Parade
Zoned Local Centre within the City of Burnside to suit retail, healthcare and office
Leased to well-established tenants in Ray White Beulah Park and Holiday Explorers providing valuable holding income of $82,247.80pa* with additional rental upside from vacant office
260 Magill Road, Beulah Park is offered for sale by Expressions of Interest closing Thursday 26 October at 4pm.
*approx.
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Oliver Totani +61 412 808 743
Tom Isaksson +61 422 154 570
*approx

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Property History for 260 Magill Rd, Beulah Park, SA 5067

A timeline of how this property has performed in the market
Last Sold
$556,308
01 May 2018
Listed for Rent
$30k/w
25 Sep 2023
  • 01 May 2018
    Sold for $556,308
  • 25 Sep 2017
    Listed for Sale Not Disclosed

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About Beulah Park 5067

The size of Beulah Park is approximately 0.6 square kilometres. It has 5 parks covering nearly 3.2% of total area. The population of Beulah Park in 2011 was 1,554 people. By 2016 the population was 1,605 showing a population growth of 3.3% in the area during that time. The predominant age group in Beulah Park is 20-29 years. Households in Beulah Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beulah Park work in a professional occupation. In 2011, 68.2% of the homes in Beulah Park were owner-occupied compared with 66.6% in 2016.

Beulah Park has 824 properties. Over the last 5 years, Houses in Beulah Park have seen a 77.83% increase in median value, while Units have seen a 53.92% increase. As at 30 November 2024:

  • The median value for Houses in Beulah Park is $1,509,852 while the median value for Units is $664,945.
  • Houses have a median rent of $675 while Units have a median rent of $450.
There are currently 3 properties listed for sale, and 1 property listed for rent in Beulah park on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Beulah park.

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