OFF MARKET

1483-1485 Main South Road
Darlington SA 5047

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4924m2
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Property Details for 1483-1485 Main South Rd, Darlington

Building Type
Commercial
Land Size
4924m2
Local Government
Onkaparinga
Lot/Plan
A68/D4794

Last Listing description (April 2023)

Taking control of the mid-south, CBRE are pleased to present another premium development opportunity just 20 minutes south of the Adelaide CBD. 1483-1485 Main South Road, Darlington offers a developer almost 5,000sqm* of versatile land just beyond the main intersection of the Southern Expressway, South Road Extension, and many other key and busy thoroughfares that are linked to the mid-south.

On the flip side, the property has been occupied by Gardenia Home Garden Dcor since 2014 with their current lease term due to expire on the 30th of September 2024. This gives a passive 'land banking' investor a great opportunity to hold the site with a more long term, passive view.


One of the most attractive features of this land is the access it provides to greater Adelaide as you are 20 minutes or less from these locations:

- Adelaide CBD
- Adelaide Hills
- Glenelg
- Seaford

The key property highlights include:
- Versatile 4,980sqm* site
- Convenient Mid-Southern suburb location
- Flexible current tenure expiring 30/9/24
- Passing Net Income of $68,645p.a.*
- Suburban Business Zoning

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 573
Harry Einarson: +61 421 747 442

The property is presented for Sale via Expressions of interest closing on the 24th of February at 4:00pm

Property History for 1483-1485 Main South Rd, Darlington, SA 5047

A timeline of how this property has performed in the market
Last Sold
$2,050,000
13 Jul 2022
Listed for Rent
$1.32k/w
19 Apr 2023
  • 13 Jul 2022
    Sold for $2,050,000
  • 31 Jan 2022
    Listed for Sale Contact Agent
  • 31 Jan 2022
    Listed for Rent - Price not available
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About Darlington 5047

The size of Darlington is approximately 1.4 square kilometres. It has 10 parks covering nearly 37.1% of total area. The population of Darlington in 2011 was 1,149 people. By 2016 the population was 1,247 showing a population growth of 8.5% in the area during that time. The predominant age group in Darlington is 30-39 years. Households in Darlington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darlington work in a professional occupation. In 2011, 68.1% of the homes in Darlington were owner-occupied compared with 67.7% in 2016.

Darlington has 604 properties. Over the last 5 years, Houses in Darlington have seen a 88.36% increase in median value, while Units have seen a 95.07% increase. As at 31 October 2024:

  • The median value for Houses in Darlington is $900,671 while the median value for Units is $556,756.
  • Houses have a median rent of $568 while Units have a median rent of $340.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Darlington on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Darlington.

Suburb Insights for Darlington 5047

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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.