SOLD
RECENT ADVICE
Sold on 18 Oct 2024 for $3,710,000

45 North East Road
Collinswood SA 5081

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2300m2
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Property Details for 45 North East Rd, Collinswood

Building Type
Land
Land Size
2300m2
Local Government
Prospect
Lot/Plan
A2/D708

Last Listing description (November 2024)

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

Property History for 45 North East Rd, Collinswood, SA 5081

A timeline of how this property has performed in the market
Last Sold
$3,710,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $3,710,000
  • 23 Sep 2024
    Listed for Sale Contact Agent
  • 23 Jun 2000
    Sold for $513,000

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About Collinswood 5081

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:

  • The median value for Houses in Collinswood is $1,523,164 while the median value for Units is $544,735.
  • Houses have a median rent of $595 while Units have a median rent of $440.
There are currently no properties listed for sale, and 2 properties listed for rent in Collinswood on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Collinswood.

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LJ Hooker Commercial Adelaide
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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.