1512 Main South RoadDarlington SA 5047
Property Details for 1512 Main South Rd, Darlington
Last Listing description (November 2024)
Mastracorp Real Estate is proud to present this excellent tenanted investment opportunity for sale on the market. A fantastic investment opportunity currently tenanted and being home to Adelaide founded, iconic and oldest Pizzeria chain, Marcellinas. Situated on one of Adelaides most high traffic roads, providing great front access onsite parking. Dont miss out on a great and rare opportunity like this.
Lease Details:
Tenanted to Marcellina Pizzeria for the past 9 Years (with a further option to renew)
Housings Adelaides Oldest Pizzeria Chain - Marcellina
Recoverable Outgoings include Council, ESL, Water, Build Insurance, Property Management & General Maintenance
Building Description:
Total Building Area of 230.9 sqm*
Total Courtyard Area of 42.4 sqm*
Female and Male amenities for the Public.
Product Storage space on the back side of the building
Land Specs:
Total Site Area of 495 sqm*
15.4 m Main Road Frontage on Main South Road
Front Onsite Car Parking
Zoned: Employment (diverse range of low-impact light industrial, commercial and business activities)
Please contact our office landline on 08 8212 0140, or Pasquale on 0409 465 863 if you are interested in arranging a private inspection or would like further information.
Property Code: 2504
Property History for 1512 Main South Rd, Darlington, SA 5047
- 15 Aug 2024Listed for Sale $2.4M - $2.5M
- 28 Feb 2008Sold for $550,000
- 11 Sep 2003Sold for $273,000
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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.
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