SOLD
Sold on 02 Dec 2024 for $618,000

1136 South Road
Clovelly Park SA 5042

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 188m2
Land area: 515m2
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Property Details for 1136 South Rd, Clovelly Park

Building Type
Commercial
Year Built
1960
Floor Size
188m2
Land Size
515m2
Local Government
Marion
Lot/Plan
A208/F12391

Last Listing description (October 2024)

FOR SALE BY EXPRESSION OF INTEREST CLOSING 12 NOON THURSDAY 11H OCTOBER 2024 (USB)

515 m2* - FRONTAGE TO SOUTH ROAD 12.19 m* MASSIVE EXPOSURE-PERFECT LOCATION TO BUILD YOUR OFFICE/WAREHOUSE OR INVESTMENT
TORRENS TO DARLINGTON TUNNEL WILL GO BENEATH THE PROPERTY

Raine & Horne Commercial SA are delighted to present this highly visible property with excellent potential just minutes to the CBD and close to all amenities. Very flexible zoning suitable for a variety of uses (subject to usual consents).

• Unaffected by the T2D project - tunnels will go beneath***
• Aged improvements used as residential flats
• Rear Shed
• 48700 vehicles passing daily**
• Employment Zone
• Vacant Possession.

*All Areas/dimensions approximate
** Dept Infrastructure and Transport - Traffic Volume Survey
*** Published T2D Plans at time of sale

RLA 205498

Property History for 1136 South Rd, Clovelly Park, SA 5042

A timeline of how this property has performed in the market
Last Sold
$618,000
02 Dec 2024
  • 02 Dec 2024
    Sold for $618,000
  • 13 Sep 2024
    Listed for Sale Offers over $600,000 (ex GST)
  • 23 May 2003
    Sold for $187,000
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About Clovelly Park 5042

The size of Clovelly Park is approximately 1 square kilometres. It has 6 parks covering nearly 4.7% of total area. The population of Clovelly Park in 2011 was 2,972 people. By 2016 the population was 3,254 showing a population growth of 9.5% in the area during that time. The predominant age group in Clovelly Park is 20-29 years. Households in Clovelly Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clovelly Park work in a professional occupation. In 2011, 62.5% of the homes in Clovelly Park were owner-occupied compared with 60.3% in 2016.

Clovelly Park has 1,576 properties. Over the last 5 years, Houses in Clovelly Park have seen a 85.57% increase in median value, while Units have seen a 88.63% increase. As at 30 November 2024:

  • The median value for Houses in Clovelly Park is $845,577 while the median value for Units is $600,665.
  • Houses have a median rent of $630 while Units have a median rent of $430.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Clovelly park on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Clovelly park.

Suburb Insights for Clovelly Park 5042

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Raine & Horne Commercial SA
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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.