314 Torrens RoadCroydon Park SA 5008
Property Details for 314 Torrens Rd, Croydon Park
Last Listing description (September 2023)
- 1,327 sqm* site over 2 Titles
- 893 sqm* of improvements currently utilised as approximately half showroom and half warehouse
- Ample yard/parking area
- Inner north-west location 5.2 km* north-west of the Adelaide CBD
- Great accessibility and located only 1 km* from the North-South Motorway
- Potential future development upside, property is zoned Local Activity Centre City of Port Adelaide Enfield
- Lease agreement in place at a rental of $60,000 p.a. plus GST net until 30 September 2023, any subsequent extensions to be agreed mutually between purchaser and Lessee
- Ideal for owner occupiers and investors
Offered for sale via public auction on Thursday 28th September at 11.00am on site (unless sold prior).
For further details or to arrange an inspection of 314 Torrens Road, Croydon Park contact Andrew Wilson or Michael Dimasi of McGees Property (RLA 1722)
(* approx)
Property History for 314 Torrens Rd, Croydon Park, SA 5008
- 16 Jan 2024Sold for $2,220,000
- 25 Aug 2023Listed for Sale Sold at Auction
- 27 Nov 2018Sold for $965,000
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0About Croydon Park 5008
The size of Croydon Park is approximately 1.8 square kilometres. It has 5 parks covering nearly 2.6% of total area. The population of Croydon Park in 2011 was 4,000 people. By 2016 the population was 3,952 showing a population decline of 1.2% in the area during that time. The predominant age group in Croydon Park is 20-29 years. Households in Croydon Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Croydon Park work in a professional occupation. In 2011, 56.7% of the homes in Croydon Park were owner-occupied compared with 55.7% in 2016.
Croydon Park has 2,031 properties. Over the last 5 years, Houses in Croydon Park have seen a 77.70% increase in median value, while Units have seen a 91.93% increase. As at 31 October 2024:
- The median value for Houses in Croydon Park is $857,642 while the median value for Units is $510,057.
- Houses have a median rent of $550 while Units have a median rent of $460.
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