Auction Location: 569 & 571 Lower North East Road, Campbelltown SA 5074
1,255* Sqm Land Holding
31.68m* Frontage to Lower North East Road
LJ Hooker Commercial Adelaide are proud to present to the market for sale, 569 & 571 Lower North East Road, Campbelltown via On-Site Public Auction on Friday, 21st June 2024 at 12:30 pm (Unless sold prior).
Unlock the opportunity to acquire this prime development opportunity, located in the well-established suburb of Campbelltown. More specifically, the site demands exposure to somewhat 40,000 vehicles on a daily basis with its 31.5m frontage along Lower North East Road.
Lower North East Road is situated approximately 9 kilometres North East of the Adelaide GPO and is considered a commercial thoroughfare linking to the Adelaide CBD.
Recent developments in the immediate locality of the property include North East Community Hospital, Design Constructive and Kinetic Rehabilitation Performance Physio Adelaide and more.
The subject property comprises of two allotments, one being vacant land and the other being improved land pertaining a residential property.
Key Selling Points:
Prime position
Excellent exposure
Suitable for a wide range of uses (STCC)
1,255 sqm* Land Holding
Zoned Urban Corridor (Living) UC(L)
Open for Inspection:
Wednesday, 5th June 2024 at 12pm
Saturday, 8th June 2024 at 1pm
Wednesday, 12th June 2024 at 12pm
Saturday, 15th June 2024 at 1pm
Friday, 21st June 2024 at 12pm
Offered with Vacant Possession via On-Site Public Auction on Friday, 21st June 2024 at 12:30 pm (Unless sold prior).
For further information contact Mario Bonomi on 0412 080 993, Fendi Klementou on 0426 258 030 or Julian Rullo on 0407 846 417.
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015
The size of Campbelltown is approximately 3.5 square kilometres. It has 19 parks covering nearly 14.5% of total area. The population of Campbelltown in 2011 was 7,573 people. By 2016 the population was 8,159 showing a population growth of 7.7% in the area during that time. The predominant age group in Campbelltown is 30-39 years. Households in Campbelltown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Campbelltown work in a professional occupation. In 2011, 57.8% of the homes in Campbelltown were owner-occupied compared with 58.1% in 2016.
Campbelltown has 4,680 properties. Over the last 5 years, Houses in Campbelltown have seen a 69.52% increase in median value, while Units have seen a 79.30% increase. As at 30 September 2024:
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