7kms south of the Adelaide CBD, Clarence Gardens is a mixed use suburb adjoining Melrose Park and Edwardstown. The site enjoys frontage to Caulfield Avenue and also Gladys Street providing flexible accessibility. The site is only 40m from South Rd, Adelaides major north-south corridor.
The property comprises 2 buildings, in total measuring 2,977sqm.
The main building measures 2,474sqm and provides a good standard of accommodation, fronting Caulfield Avenue. It has an office over two levels, reasonable clearance warehouse, multiple access doors and plumbing for a wash-bay facility.
The second warehouse is located toward the Gladys Street frontage and measures some 503sqm. It enjoys good clearance, a number of access doors and amenities.
The site itself has had a significant amount of investment over recent years with the construction of a new storm water detention system and bitumen sealed hardstand/car park, measuring 5,000sqm.
Offers to purchase will be considered!
The size of Clarence Gardens is approximately 1 square kilometres. It has 2 parks covering nearly 7.2% of total area. The population of Clarence Gardens in 2011 was 2,218 people. By 2016 the population was 2,305 showing a population growth of 3.9% in the area during that time. The predominant age group in Clarence Gardens is 30-39 years. Households in Clarence Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clarence Gardens work in a professional occupation. In 2011, 72.4% of the homes in Clarence Gardens were owner-occupied compared with 73.6% in 2016.
Clarence Gardens has 982 properties. Over the last 5 years, Houses in Clarence Gardens have seen a 86.69% increase in median value, while Units have seen a 71.08% increase. As at 31 October 2024:
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