OFF MARKET

85 Torrens Road
Brompton SA 5007

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 80m2
Land area: 928m2
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Last updated 18 Nov 2024
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Property Details for 85 Torrens Rd, Brompton

85 Torrens Rd, Brompton is a 2 bedroom, 1 bathroom Unit with 3 parking spaces. The property has a land size of 928m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
Unit
Floor Size
80m2
Land Size
928m2
Local Government
Charles Sturt
Lot/Plan
A52/F122199

Last Listing description (November 2012)

In the Market for a Super Investment?
Well here???s a great opportunity with 2 well established long standing food outlets and 1 residential tenancy being the original dwelling to the rear that passes with the deli???s lease.
Description

Just nudging North Adelaide boundaries the property is positioned on a high exposure corner site of approximately 919m2 with potential for further redevelopment (STCC)
Title Details
The land is contained in Certificate of Title Register Book Volume 5271 Folio 951. Zoned MU//47 ??? Mixed Use
Land Use Description
Commercial / Retail Trade / Chicken
Outgoings
Council Rates $1,093.95 per annum approx
Emergency Services Levy $492.55 per annum
SA Water and Sewer $229.46 per quarter
State Land Tax $400.00 per annum (single holding)
Lease Details
Shop 1
The Silver Rooster
??? Term: 29th August 2010 ??? 28th August 2015 with rights for an additional 5 years.
??? $20,035.80 per annum + GST + Outgoings
??? Outgoings Payable by Tenant: $4,575.00 per annum (being 33.33% of all outgoings)
Shop 2
Brompton Supa Deli including residence
??? Term: 1st June 2011 ??? 31st August 2015 with rights for an additional 5 years.
??? $42,640.00 per annum inclusive of outgoings + GST
Being positioned on a deep corner allotment just minutes from the City and North Adelaide.
???Join in on the Brompton Boom???

Property History for 85 Torrens Rd, Brompton, SA 5007

A timeline of how this property has performed in the market
Last Sold
$670,000
04 Mar 2013
Listed for Rent
$259/w
17 Dec 2014
  • 23 Oct 2014
    Listed for Rent $13,520 / year
  • 07 Aug 2014
    Listed for Rent $260 / week
  • 16 May 2014
    Listed for Rent $260 / week
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About Brompton 5007

The size of Brompton is approximately 1.1 square kilometres. It has 10 parks covering nearly 6.1% of total area. The population of Brompton in 2011 was 2,930 people. By 2016 the population was 3,530 showing a population growth of 20.5% in the area during that time. The predominant age group in Brompton is 20-29 years. Households in Brompton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brompton work in a professional occupation. In 2011, 47.6% of the homes in Brompton were owner-occupied compared with 41.1% in 2016.

Brompton has 2,132 properties. Over the last 5 years, Houses in Brompton have seen a 80.00% increase in median value, while Units have seen a 67.80% increase. As at 31 October 2024:

  • The median value for Houses in Brompton is $960,582 while the median value for Units is $700,279.
  • Houses have a median rent of $660 while Units have a median rent of $600.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Brompton on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Brompton.

Suburb Insights for Brompton 5007

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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.