Auction Location: 43-45 North East Road, Collinswood
LJ Hooker Commercial Adelaide is proud to present to the market for sale, 43-45 North East Road, Collinswood for sale via Public Auction on-site, Friday 18/10/2024 at 12:00 p.m.
Unlock the potential of this tightly held and highly sought-after location in Collinswood. Positioned along the prominent North East Road, this site offers a blend of development potential, adaptable improvements, and unbeatable exposure. Spread across two allotments, this property offers flexibility and potential, perfectly positioned for a variety of development or business uses.
Positioned along the prominent North East Road, this site offers a blend of development potential, adaptable improvements, and unbeatable exposure. Valuable and practical rear lane access offers additional convenience for logistics, customer entry, or parking, enhancing the accessibility of the site.
This exceptional site is ideal for developers, investors, and businesses seeking a versatile and high-profile location with enormous growth potential. Don't miss your chance to secure this significant asset in one of Adelaide's prime commercial areas.
Key Selling Points:
Tightly held and desirable location
Valuable rear lane access
Good size land spread over two allotments with total area of approximately 2,300m2*.
Adaptable site improvements
Visible and highly accessible on site car parking.
Excellent signage opportunities
Highly connected site with easy access to major traffic corridors.
Development potential up to 3 storeys (STCC)
Sold with Vacant Possession
Zero Stamp Duty on Commercial properties in South Australia
Open inspection times:
1/10/2024 between 12:00 p.m. and 12:30 p.m.
8/10/2024 between 12:00 p.m. and 12:30 p.m.
18/10/2024 between 11:30 a.m. and 12:00 p.m. (prior to the auction)
For Sale via Public Auction on-site Friday 18/10/2024 at 12:00 p.m.
For further information contact Rino Pancione 0417 822 987 or Mark Tettis 0433 139 892
*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 Collinswood is approximately 0.5 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Collinswood in 2011 was 1,312 people. By 2016 the population was 1,389 showing a population growth of 5.9% in the area during that time. The predominant age group in Collinswood is 30-39 years. Households in Collinswood are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Collinswood work in a professional occupation. In 2011, 56.1% of the homes in Collinswood were owner-occupied compared with 54.5% in 2016.
Collinswood has 741 properties. Over the last 5 years, Houses in Collinswood have seen a 87.59% increase in median value, while Units have seen a 66.08% increase. As at 30 November 2024:
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