OFF MARKET

550 Goodwood Road
Daw Park SA 5041

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 739m2
Land area: 585m2
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Property Details for 550 Goodwood Rd, Daw Park

Building Type
Commercial
Floor Size
739m2
Land Size
585m2
Local Government
Mitcham
Lot/Plan
A33/F11732

Last Listing description (September 2024)

Situated on the highly visible Goodwood Road, with approximately 30,000 cars passing by daily, this property spans across three titles, providing numerous possibilities for development (subject to council consent), renovation, leasing, or occupancy.

Property Highlights:
Total lettable area: Approximately 700 m

Ground floor: Approximately 528 m
Upper level: Approximately 192 m
Veranda: Approximately 50 m
Land size: Approximately 585.35 m
Total building area: Approximately 767.55 m
Zoning: Neighbourhood Centre
Current use: Asian supermarket with a long-term lease
Total frontage: 21.34 m

With its existing use as a popular Asian supermarket under a long lease, this property presents a robust investment opportunity with the potential for future redevelopment.

For more information, please contact Simon Hou at 0423 807 866.

Property History for 550 Goodwood Rd, Daw Park, SA 5041

A timeline of how this property has performed in the market
Last Sold
$2,008,888
14 Apr 2022
Listed for Rent
20 Mar 2018
  • 06 Sep 2024
    Listed for Sale $2,150,000
  • 14 Apr 2022
    Sold for $2,008,888
  • 30 Jul 2018
    Sold for $880,000
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About Daw Park 5041

The size of Daw Park is approximately 1 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of Daw Park in 2011 was 2,440 people. By 2016 the population was 2,689 showing a population growth of 10.2% in the area during that time. The predominant age group in Daw Park is 40-49 years. Households in Daw Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Daw Park work in a professional occupation. In 2011, 65.5% of the homes in Daw Park were owner-occupied compared with 64.2% in 2016.

Daw Park has 1,279 properties. Over the last 5 years, Houses in Daw Park have seen a 70.33% increase in median value, while Units have seen a 66.47% increase. As at 30 September 2024:

  • The median value for Houses in Daw Park is $1,154,804 while the median value for Units is $529,078.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Daw park on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Daw park.

Suburb Insights for Daw Park 5041

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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.